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97 Sylvia Street

Gibson Sotheby's Realty Sells Arlington Multifamily For $1M
SOLDMultiFamily

Gibson Sotheby's Realty Sells Arlington Multifamily For $1M

97 Sylvia Street

$1,000,000

$450/SF

Building Size

2,222 SF

Asset Type

MultiFamily

Closing

Sep 29, 2023

AI

A multifamily property located at 97 Sylvia Street in Arlington, MA has been sold for a price of $1,000,000. The property spans a total area of 2,222 square feet, resulting in a price per square foot of $450.

Summary of transaction details:

Heather Aordkian from William Raveis Real Estate - Lexington represented the buyer in this transaction. On the other hand, Elizabeth Hayes, Katherine Tolman, Max Dublin, and Sarah Nastasia from Gibson Sotheby's International Realty acted as the seller's representatives.

Players

Max Dublin

Sotheby's International Realty

Broker

$12.1M

vol

8 deals

Broker

Arlington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93