Coldwell Banker Realty Represents Buyer In $2.39M Sale Of Lexington Single Family Home
SOLD
$2,390,000
Massachusetts
See Similar DealsSingle Family Residence5,537 SF
Sold 11/20/2020
SOLD
Coldwell Banker Realty Represents Buyer In $2.39M Sale Of Lexington Single Family Home
18 Larchmont Lane, Lexington, MA 02420
See Similar DealsSingle Family Residence5,537 SF
Sold 11/20/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$431
Total Square Footage:5,537 SF
Transaction Type:Sale
A single-family property located at 18 Larchmont Lane in Lexington, MA was recently sold for $2,390,000. The property spans over 5,537 square feet, resulting in a price per square foot of $432. The transaction took place on November 20, 2020.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,390,000
- Address: 18 Larchmont Lane, Lexington, MA
- Market: Lexington, MA
The buyer was represented by Elizabeth Crampton from Coldwell Banker Realty, while the seller was represented by the Beth Sager Group from Keller Williams Realty Boston Northwest.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,466.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,491.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,329.82
Annual Debt Service$135,957.83
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