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Kim Covino Acquires 6,808 SF Single Family Home In Winchester, MA For $3.4M

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SOLD
$3,433,000

Massachusetts

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Single Family Residence13,616 SF
Sold 10/26/2020
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SOLD

Kim Covino Acquires 6,808 SF Single Family Home In Winchester, MA For $3.4M

1a Ledgewood Road, Winchester, MA, USA & 1a Ledgewood Road, Winchester, MA, USA

See Similar Deals
Single Family Residence13,616 SF
Sold 10/26/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$252
Total Square Footage:13,616 SF
Transaction Type:Sale

A single-family property located at 1A Ledgewood Road in Winchester, MA has been sold for a transaction amount of $3,433,000. The property spans an area of 6,808 square feet, resulting in a price per square foot of $504.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,433,000
  • Address: 1A Ledgewood Road, Winchester, MA
  • Market: Winchester, MA

Elizabeth Crampton of Coldwell Banker Realty Lexington represented the seller in this transaction, while Kim Covino of Leading Edge Real Estate served as the buyer's representative.

Players

Elizabeth Crampton
3 deals$7.5M volume
BROKER

Kim Covino
Compass
8 deals$15.6M volume
BROKER

Details

SOLD
IMAGE: Kim Covino & Elizabeth Crampton DATE: 10/26/2020 ADDRESS: 1A Ledgewood Road MARKET: Winchester, MA ASSET TYPE: Single Family SELLER’S REP: Elizabeth Crampton - Coldwell Banker Realty Lexington BUYER’S REP: Kim Covino - Leading Edge Real Estate SALE PRICE: $3,433,000 SF: 6,808 ~ PPSF: $504

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

$183,093.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,196.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,274.17
Annual Debt Service$195,290.06