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167 Riverlin Street, Millbu...

Updated Dec 19, 2023

Compass' Ethan Forrest Sells Millbury SFR To Tersian Carmelites For $1.025M
SOLDSingle Family Residence

Compass' Ethan Forrest Sells Millbury SFR To Tersian Carmelites For $1.025M

167 Riverlin Street, Millbury, MA 01527

$1,025,000

$166/SF

Building Size

6,152 SF

Asset Type

Single Family Residence

Closing

Nov 4, 2021

About this deal

AI

The property located at 167 Riverlin Street in Millbury, MA has been sold for $1,025,000. This unique property, situated on over 7 acres of land, is the first single-family home in Millbury to be sold for over $1,000,000. The main house features 6,150 square feet of living space, while a detached carriage house offers an additional 1,150 square feet. With a total of 7 garage bays, this property is perfect for car enthusiasts or those with a collection of toys.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,025,000
  • Address: 167 Riverlin Street, Millbury, MA
  • Market: Millbury, MA
  • Square Footage: 6,152

In this transaction, the seller was Tersian Carmelites. Cheryl Eidinger-Taylor from ERA Key Realty represented the buyer, while Ethan Forrest from Compass acted as the seller's representative.

Players

Ethan Forrest

Compass

Broker

$3.4M

vol

2 deals

Broker

Millbury Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Compass' Ethan Forrest bought a home in Millbury for $1M in 2021. The full closing is on this page.

About $166 per square foot on a published $1M for 6,152 square feet (2021).

Visit Ethan Forrest to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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