Jennifer Diruzza & Joe Pappalardo Acquire SFR In Newbury, MA For $1.065M
1 Plum Bush Downs
$1,065,000
$554/SF
Building Size
1,922 SF
Asset Type
Single Family Residence
Closing
Aug 1, 2022
AI
The single-family residential property located at 1 Plum Bush Downs in Newbury, MA has recently been sold in a closed transaction. The property spans across 1,922 square feet and was sold for a total price of $1,065,000, resulting in a price per square foot of $554.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $1,065,000
- Address: 1 Plum Bush Downs, Newbury, MA
- Market: Newbury, MA
The buyers of the property are Jennifer Diruzza and Joe Pappalardo, while the seller is B2W LLC. Representing the buyers in this transaction is Andrea Osbon from Churchill Properties, and Matthew Petty from Frame Residential represents the seller.
Players
Newbury 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
14.89%
Cash-on-Cash
-4.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93