Kim Covino Acquires 6,808 SF Single Family Home In Winchester, MA For $3.4M
SOLD
Massachusetts
See Similar DealsSingle Family Residence13,616 SF
Sold 10/26/2020
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 DealsSingle Family Residence13,616 SF
Sold 10/26/2020
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.
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Deal Type
30 years
10 years
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
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