Updated Sep 9, 2024
Compass Sells SFR In Marblehead, MA For $2.02M
11 Kenneth Road
$2,020,000
$1,203/SF
Building Size
1,678 SF
Asset Type
Single Family Residence
Closing
Mar 10, 2022
About this deal
AI
Located in Marblehead, MA, the single-family home at 11 Kenneth Road has recently been sold. The property, represented by broker Bill Willis from Willis + Tierney at Compass, was purchased for $2,020,000. The house offers 1,678 square feet of living space, resulting in a price per square foot of $1,204.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $2,020,000
- Square Footage: 1,678
- Price Per Square Foot: $1,204
- Address: 11 Kenneth Road, Marblehead, MA
- Market: Marblehead, MA
This successful transaction was facilitated by Bill Willis, a broker from Willis + Tierney at Compass. With his expertise, the deal was completed smoothly, ensuring a satisfying outcome for the parties involved.
Players
Marblehead 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
7.85%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93