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
Dallas Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
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