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5227 Maryland Avenue

AK & Associates, Inc. And Berkshire Hathaway HomeServices Acquire SFR In Glendale For $2.5M
SOLDSingle Family Residence

AK & Associates, Inc. And Berkshire Hathaway HomeServices Acquire SFR In Glendale For $2.5M

5227 Maryland Avenue

$2,525,000

$742/SF

Building Size

3,400 SF

Asset Type

Single Family Residence

Closing

Sep 8, 2022

AI

The property asset involved in this transaction is a single-family residence located at 5227 Maryland Ave in Glendale. The sale price was $2,525,000, with a total square footage of 3,400, resulting in a price per square foot of $743.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $2,525,000
  • Address: 5227 Maryland Ave
  • Market: Glendale
  • Square Footage: 3,400
  • Price per Square Foot: $743

The buyers in this transaction are Ara Gharapetian from AK & Associates, Inc. and Evelin Pogosian from Berkshire Hathaway Home Services. The seller's representative is Dro Gharapetian, also from AK & Associates, Inc.

Players

Dro Gharapetian

Broker

$4.5M

vol

3 deals

Broker

Dallas Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.28%

Cash-on-Cash

-1.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93