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20 Cleveland Rd, Needham, M...

Updated Dec 19, 2023

Varano Realty Group Acquires Single Family Home On Cleveland Road, Needham For $2.5M
SOLDSingle Family Residence

Varano Realty Group Acquires Single Family Home On Cleveland Road, Needham For $2.5M

20 Cleveland Rd, Needham, MA 02492, USA

$2,525,000

$413/SF

Building Size

6,110 SF

Asset Type

Single Family Residence

Closing

Jul 30, 2020

About this deal

AI

A single-family property located at 20 Cleveland Road in Needham, MA was recently sold. The property has a total area of 6,110 square feet. The transaction took place on July 31, 2020, and was facilitated by The Varano Realty Group, which operates under Keller Williams Realty. The sale price for the property was $2,525,000. This translates to a price per square foot of $413.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,525,000
  • Address: 20 Cleveland Road
  • Market: Needham, MA
  • Broker: The Varano Realty Group – Keller Williams Realty

The Varano Realty Group, a brokerage representing the buyer or seller in this deal, played a crucial role in the transaction. With their expertise, they ensured the successful completion of the sale of this single-family property in Needham, MA.

Players

Needham Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $413 per square foot on a published $2.5M for 6,110 square feet (2020).

Browse Massachusetts single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.28%

Cash-on-Cash

-1.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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