Sarah MacAdam & Michael Brooks Acquire SFR In Medford, MA For $715K
SOLD
$715,000
Massachusetts
See Similar DealsSingle Family Residence1,320 SF
Sold 06/13/2023
SOLD
Sarah MacAdam & Michael Brooks Acquire SFR In Medford, MA For $715K
1 Wilson St Medford, MA 02155, USA
See Similar DealsSingle Family Residence1,320 SF
Sold 06/13/2023
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$541
Total Square Footage:1,320 SF
Transaction Type:Sale
A single-family home located at 1 Wilson Street in Medford, MA has been sold. The property spans 1,320 square feet and was sold for $715,000, resulting in a price per square foot of $542.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $715,000
- Buyer: Sarah MacAdam & Michael Brooks
- Seller: Heidi Deck
- Buyer's Representative: Brandon Muroff - Red Tree Real Estate
- Address: 1 Wilson Street
- Market: Medford, MA
The buyers, Sarah MacAdam and Michael Brooks, purchased the property from seller Heidi Deck. The transaction was facilitated with the assistance of buyer's representative, Brandon Muroff from Red Tree Real Estate.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$38,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,540.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,389.46
Annual Debt Service$40,673.58
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