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Erika Smith Acquires Watertown SFR From McCarthy Construction For $900K

Property Image
SOLD
$900,000
Anthony Coppola
ES

Massachusetts

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Single Family Residence1 SF
Sold 11/30/2022
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Property Image
SOLD

Erika Smith Acquires Watertown SFR From McCarthy Construction For $900K

142 Forest Street, Watertown, Massachusetts 02472, United States

See Similar Deals
Single Family Residence1 SF
Sold 11/30/2022
Anthony Coppola
ES
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$900,000
Total Square Footage:1 SF
Transaction Type:Sale

A single-family residential property located at 142 Forest St in Watertown, MA has been sold for a sale price of $900,000. The property spans 1,862 square feet, resulting in a price per square foot of $483. The transaction took place on November 30, 2022 and involved the buyer, Erika Smith, and the seller, McCarthy Construction.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $900,000
  • Address: 142 Forest St, Watertown, MA
  • Market: Watertown, MA
  • Buyer: Erika Smith
  • Seller: McCarthy Construction
  • Brokers: Anthony Coppola - Coldwell Banker; Elizabeth Gibby Homnick - Charles Realty Group

Anthony Coppola from Coldwell Banker and Elizabeth Gibby Homnick from Charles Realty Group represented the buyer and seller, respectively, in this transaction.

Players

Anthony Coppola
Coldwell Banker
Anthony Coppola
20 deals$28.4M volume
BROKER
ES
Erika Smith
2 deals$1.8M volume
BUYER
MC
McCarthy Construction
SELLER

Details

SOLD
IMAGE: Anthony Coppola & Elizabeth Gibby Homnick DATE: 11/30/2022 ADDRESS: 142 Forest St MARKET: Watertown, MA ASSET TYPE: SFR BUYER: Erika Smith SELLER: McCarthy Construction BROKERS: Anthony Coppola (@AeCoppola10) - Coldwell Banker (@ColdwellBanker); Elizabeth Gibby Homnick (@EGHRealtor) - Charles Realty Group SALE PRICE: $900,000 SF: 1,862 ~ PPSF: $483

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,197.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,266.46
Annual Debt Service$51,197.51