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U.S. 1, South Boston, Stree...

Jason Miller Acquires SFR In Groton, MA From Bronwyn & Christopher Murphy
SOLDSingle Family Residence

Jason Miller Acquires SFR In Groton, MA From Bronwyn & Christopher Murphy

U.S. 1, South Boston, Street, Groton, Union, Massachusetts, USA

$1,320,000

$252/SF

Building Size

5,238 SF

Asset Type

Single Family Residence

Closing

Oct 21, 2021

AI

Jason Miller has purchased a single-family home located at 1 South Union Street in Groton, MA. The property, with a total of 5,238 square feet, was sold by Bronwyn & Christopher Murphy. The sale took place on 10/21/2021, with a sale price of $1,320,000. The asking price for the property was $1,250,000, resulting in a price per square foot of $252.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,320,000
  • Address: 1 South Union Street, Groton, MA
  • Market: Groton, MA
  • Buyer: Jason Miller
  • Seller: Bronwyn & Christopher Murphy
  • Buyer's Representative: Bunmi Okoya - Chinatti Realty Group
  • Seller's Representative: Jenepher Spencer - Coldwell Banker Realty Westford

Bunmi Okoya represented Jason Miller as the buyer's representative during the transaction. Jenepher Spencer, on the other hand, served as the seller's representative. The sale of this single-family home presents a great opportunity for Jason Miller to own a property with impressive square footage and a competitive price per square foot in Groton, MA.

Players

Bunmi Okoya

Chinatti Realty

Broker

$6.7M

vol

4 deals

Broker

Boston 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

12.02%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93