Keller Williams Acquires Multifamily Property In Waltham, MA For $1.3M
9 Floyd Street
$1,325,000
$362/SF
Building Size
3,654 SF
Asset Type
MultiFamily
Closing
Oct 2, 2023
AI
A multifamily property located at 9 Floyd Street in Waltham, Massachusetts, was sold for a total of $1,325,000. The property spans 3,654 square feet and was sold at an average price of $363 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,325,000
- Address: 9 Floyd Street, Waltham, MA
- Square Footage: 3,654
- Buyer's Rep: Adriano Varano - Keller Williams
- Seller's Rep: Gary J. Marchese - Marchese Realty Group
The buyer in this transaction was represented by Adriano Varano of Keller Williams, while Gary J. Marchese of Marchese Realty Group acted as the seller's representative.
Players
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93