Condon Family Acquires SFR In Osterville, MA For $2.35M
SOLD
$2,350,000
Massachusetts
See Similar DealsSold 06/29/2022
SOLD
Condon Family Acquires SFR In Osterville, MA For $2.35M
99 Stonehorse Rd
See Similar DealsSold 06/29/2022
Summary
MASSACHUSETTS
Transaction Type:Sale
The property asset involved in the transaction is a single-family residence located at 99 Stonehorse Rd, Osterville, MA. The sale price for the property was $2,350,000, with a total square footage of 2,812 and a price per square foot of $836.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,350,000
- Address: 99 Stonehorse Rd
- Market: Osterville, MA
- Square Footage: 2,812
- Price Per Square Foot: $836
- Buyer: Condon Family
- Seller: Paquette Family
- Brokers: Sean Dacey - The Quirk Group - Coldwell Banker Realty & Maureen Sudbey - Compass
This transaction involved key individuals including the buyer, Condon Family, and the seller, Paquette Family. The brokers representing the deal were Sean Dacey from The Quirk Group at Coldwell Banker Realty and Maureen Sudbey from Compass, facilitating the successful sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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