Douglas Elliman Represents Buyer In $2.2M Purchase Of Newton Highlands SFR
SOLD
$2,200,000
Massachusetts
See Similar DealsSingle Family Residence3,500 SF
Sold 07/29/2020
SOLD
Douglas Elliman Represents Buyer In $2.2M Purchase Of Newton Highlands SFR
116 Upland Ave, Newton Highlands, Massachusetts, USA
See Similar DealsSingle Family Residence3,500 SF
Sold 07/29/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$628
Total Square Footage:3,500 SF
Transaction Type:Sale
The single-family home located at 116 Upland Ave in Newton Highlands, MA has been sold for $2,200,000. With a total area of 3,500 square feet, the property was purchased at a price per square foot (PPSF) of $629.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,200,000
- Address: 116 Upland Ave, Newton Highlands, MA
- Market: Newton Highlands, MA
The seller's representative for this transaction was Celina Doucette from Rise Realty, along with Jamie Ovadia. On the buyer's side, Manny Sarkis from Douglas Elliman represented the purchasing party.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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