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JB LLC Acquires SFR In Peabody, MA For $710K

Property Image
SOLD
$710,000

Massachusetts

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Single Family Residence1,760 SF
Sold 09/30/2021
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Property Image
SOLD

JB LLC Acquires SFR In Peabody, MA For $710K

12 Whitney Drive, Peabody, Massachusetts, USA

See Similar Deals
Single Family Residence1,760 SF
Sold 09/30/2021
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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.

Players

Hailee Walker
6 deals$4.1M volume
BROKER

Mitchell Rosenwald
Re/Max
2 deals$4M volume
BROKER

SELLER

Details

SOLD
IMAGE: Hailee Walker & Mitchell Rosenwald DATE: 09/30/2021 ADDRESS: 12 Whitney Dr MARKET: Peabody, MA ASSET TYPE: SFR BUYER: JB LLC SELLER: Oar LLC BUYER'S REP: Hailee Walker - The Morgan Franklin Group - Coldwell Banker Realty SELLER'S REP: Mitchell Rosenwald - RE/MAX 360 SALE PRICE: $710,000 SF: 1,760 ~ PPSF: $403

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Operating Income
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Net Operating Income (NOI)

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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
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