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16 Otis Street

Cristian Bailon Acquires 16 Otis Street SFR In Fitchburg, MA For $390K
SOLDSingle Family Residence

Cristian Bailon Acquires 16 Otis Street SFR In Fitchburg, MA For $390K

16 Otis Street

$390,000

$252/SF

Building Size

1,547 SF

Asset Type

Single Family Residence

Closing

Aug 4, 2022

AI

Located at 16 Otis Street in Fitchburg, MA, this single-family home was recently sold in a closed transaction. The property spans approximately 1,547 square feet and was sold for a total price of $390,000, resulting in a price per square foot of $252.

Summary of transaction details

Representing the buyer in this transaction was Dan Loprete from Realty Executives, while Michelle Haggstrom from Keller Williams acted as the seller's representative. These key individuals played a crucial role in facilitating the sale of the property at 16 Otis Street in Fitchburg.

Players

Dan Loprete

Realty Executives

Broker

$14.7M

vol

16 deals

Broker

Cristian Bailon

Buyer

$703K

vol

2 deals

Buyer

Lowell Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

40.67%

Cash-on-Cash

-11.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93