Esin Susol Team Acquires SFR In Newton, MA For $1.385M
1256 Commonwealth Avenue, Newton, MA, USA
$1,385,000
$657/SF
Building Size
2,107 SF
Asset Type
Single Family Residence
Closing
Jul 30, 2020
AI
Located at 1256 Commonwealth Ave in Newton, MA, this single-family home was recently sold in a closed transaction. The property spans over 2,107 square feet and features a selling price of $1,385,000. The offer price was slightly higher than the initial asking price of $1,349,000, demonstrating the strong market demand for this asset.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,385,000
- Market: Newton, MA
- Square Footage: 2,107
- Seller's Representative: Giovanna Colabraro - Keller Williams Realty Boston South West
- Buyer's Representative: Esin Susol - Esin Susol Team - Castles Unlimited
Giovanna Colabraro from Keller Williams Realty Boston South West represented the seller in this transaction, while Esin Susol from Esin Susol Team - Castles Unlimited represented the buyer. The negotiation resulted in a successful sale at a price of $1,385,000, which corresponds to a per square foot value of approximately $657. This transaction underscores the expertise and professionalism of both representatives involved.
Players
Newton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.45%
Cash-on-Cash
-3.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93