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
- Property Type: SFR
- Transaction Amount: $390,000
- Buyer: Cristian Bailon
- Seller: Michele Adams
- Buyer's Representative: Dan Loprete - Realty Executives
- Seller's Representative: Michelle Haggstrom - Keller Williams
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
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