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Coldwell Banker Realty Lexington Sells Single Family Home In Lexington, MA For $1.68M

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SOLD
$1,680,000

Massachusetts

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Single Family Residence4,160 SF
Sold
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SOLD

Coldwell Banker Realty Lexington Sells Single Family Home In Lexington, MA For $1.68M

11 Welch Road, Lexington, MA, USA

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Single Family Residence4,160 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$403
Total Square Footage:4160 SF
Transaction Type:Sale

A single-family property located at 11 Welch Road in Lexington, MA was recently sold. The property transaction took place on 10/27/2020, with a sale price of $1,680,000. The property spans a total area of 4,160 square feet, resulting in a price per square foot of $404. This transaction showcases the strong real estate market in Lexington, MA.

Summary of transaction details

  • Property Type: Single Family
  • Sale Price: $1,680,000
  • Square Footage: 4,160
  • Price per Square Foot: $404
  • Date: 10/27/2020
  • Location: 11 Welch Road, Lexington, MA
  • Brokers: Wei Wang & Samita Mandelia - Coldwell Banker Realty Lexington

This successful sale was facilitated by the skilled brokers Wei Wang and Samita Mandelia, who represented the seller and buyer respectively. Their expertise and resources from Coldwell Banker Realty Lexington played a crucial role in finalizing the deal for this single-family property in Lexington, MA.

Players

Samita Mandelia
2 deals$3.4M volume
BROKER

Wei Wang
Coldwell Banker
2 deals$6.9M volume
BROKER

Details

SOLD
IMAGE: Samita Mandelia DATE: 10/27/2020 ADDRESS: 11 Welch Road MARKET: Lexington, MA ASSET TYPE: Single Family BROKERS: Wei Wang & Samita Mandelia - Coldwell Banker Realty Lexington SALE PRICE: $1,680,000 SF: 4,160 ~ PPSF: $404

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$89,599.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,968.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,964.06
Annual Debt Service$95,568.69