131 Dane Hill Road LLC Acquires Single Family Residence From Diane Chang For $1,175,000 In Newton Highlands
SOLD
$1,175,000
Massachusetts
See Similar DealsSingle Family Residence
Sold 11/01/2021
SOLD
131 Dane Hill Road LLC Acquires Single Family Residence From Diane Chang For $1,175,000 In Newton Highlands
131 Dane Hill Rd
See Similar DealsSingle Family Residence
Sold 11/01/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Transaction Type:Sale
A single family residence located at 131 Dane Hill Rd in Newton Highlands has been sold for $1,175,000.00. The transaction took place on November 1, 2021.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $1,175,000.00
- Buyer: 131 Dane Hill Road LLC
- Seller: Diane Chang
- Brokers: Jaimi Meuse - Red Tree Real Estate, Sharyn Whitman, Julie Bell
The transaction involved the buyer, 131 Dane Hill Road LLC, acquiring the property from the seller, Diane Chang. The real estate brokers facilitating the deal included Jaimi Meuse from Red Tree Real Estate, along with Sharyn Whitman and Julie Bell.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,174.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,570.10
Annual Debt Service$66,841.19
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