Updated Dec 21, 2023
Phyllis Woodward Acquires SFR In Swampscott, MA For $2.495M With Buyer's Rep Alan Qiu - Chinatti Realty Group Pathways
11 Lincoln House Point, Swampscott, MA 01907, USA
$2,495,000
$1,064/SF
Building Size
2,343 SF
Asset Type
Single Family Residence
Closing
Jul 22, 2021
About this deal
AI
A single-family residence located at 11 Lincoln House Ave in Swampscott, MA, has been sold. The property, with a total square footage of 2,343, was listed for sale with an asking price of $2,495,000. The sale was completed on July 22, 2021, with the property selling for the same price as the asking price.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,495,000
- Address: 11 Lincoln House Ave, Swampscott, MA
- Market: Swampscott, MA
The buyer of the property is Phyllis Woodward, and the seller is Bob Cocoran. Alan Qiu, representing Chinatti Realty Group Pathways, served as the buyer's representative in this transaction.
Players
Swampscott Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $2.5M for 2,343 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.36%
Cash-on-Cash
-1.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93