Updated Dec 4, 2024
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
About this deal
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:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 97 Sylvia Street, Arlington, MA
- Market: Arlington, MA
- Buyer's Representative: Heather Aordkian from William Raveis Real Estate - Lexington
- Seller's Representatives: Elizabeth Hayes, Katherine Tolman, Max Dublin, & Sarah Nastasia from Gibson Sotheby's International Realty
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.
On the Map
$1,000,000
$450/SF
MultiFamily
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Arlington 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93