Updated Dec 21, 2023
Adi Reske Acquires Needham SFR For $1.275M From Seller Anthony C. & Loretta Borghi And Broker Mitchell Levey
10 Ludwig Road, Needham, Massachusetts, USA
$1,275,000
$356/SF
Building Size
3,579 SF
Asset Type
Single Family Residence
Closing
Jul 26, 2020
About this deal
AI
Located at 10 Ludwig Road in Needham, MA, this single-family home was recently sold. The property spans a total of 3,579 square feet, offering ample living space. The asset type of this property is a SFR (Single Family Residence). It features a charming design and is situated in a desirable location.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $1,275,000
- Date: 07/26/2021
- Address: 10 Ludwig Road, Needham, MA
The sellers of this property were Anthony C. & Loretta Borghi. They successfully completed the sale to the buyer, Adi Reske. The transaction was facilitated by Mitchell Levey from Coldwell Banker Wellesley. Mitchell Levey represented the buyer, seller, landlord, or tenant in this deal.
The asking price for this property was $1,295,000, while the final sale price was slightly lower, at $1,275,000. With a price per square foot of $356, this property offered good value for its size and location.
Players
Needham Heights Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $356 per square foot on a published $1.3M for 3,579 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93