JB LLC Acquires SFR In Peabody, MA For $710K
SOLD
Massachusetts
See Similar DealsSingle Family Residence1,760 SF
Sold 09/30/2021
SOLD
JB LLC Acquires SFR In Peabody, MA For $710K
12 Whitney Drive, Peabody, Massachusetts, USA
See Similar DealsSingle Family Residence1,760 SF
Sold 09/30/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$403
Total Square Footage:1,760 SF
Transaction Type:Sale
A single-family home located at 12 Whitney Dr in Peabody, MA, was recently sold for a total of $710,000. The property spans 1,760 square feet, resulting in a price per square foot of $403.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $710,000
- Address: 12 Whitney Dr, Peabody, MA
- Market: Peabody, MA
The buyer, JB LLC, acquired the property from the seller, Oar LLC. Hailee Walker from The Morgan Franklin Group - Coldwell Banker Realty represented the buyer, while Mitchell Rosenwald from RE/MAX 360 represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$37,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,522.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,365.76
Annual Debt Service$40,389.15
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