William Raveis R.E. & Home Services Brokers Sell Single Family Property In Needham, MA For $1.49M
SOLD
$1,494,000
Massachusetts
See Similar DealsSingle Family Residence31,050 SF
Sold 08/14/2020
SOLD
William Raveis R.E. & Home Services Brokers Sell Single Family Property In Needham, MA For $1.49M
13 Mayo Ave, Needham, MA 02492, USA
See Similar DealsSingle Family Residence31,050 SF
Sold 08/14/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$48
Total Square Footage:31,050 SF
Transaction Type:Sale
The single-family property located at 13 Mayo Avenue in Needham, MA has been sold in a closed transaction. The property spans across a total of 3,105 square feet. The sale price for this asset was $1,494,000, resulting in a price per square foot of $481.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,494,000
- Square Feet: 3,105
- Price per Square Foot: $481
- Address: 13 Mayo Avenue, Needham, MA
- Market: Needham, MA
The sale of this property was facilitated by brokers Colleen Beacham and Kate Swenson from William Raveis R.E. & Home Services.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,680.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,307.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,082.32
Annual Debt Service$84,987.87
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