Compass' Mike Cohen Sells Medford, MA SFR For $1M
SOLD
Massachusetts
See Similar DealsSingle Family Residence3,600 SF
Sold 08/26/2021
SOLD
Compass' Mike Cohen Sells Medford, MA SFR For $1M
201 Brooks Street, Medford, Massachusetts, USA
See Similar DealsSingle Family Residence3,600 SF
Sold 08/26/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$277
Total Square Footage:3,600 SF
Transaction Type:Sale
A single-family residential property located at 201 Brooks Street in Medford, MA, has been sold for a total price of $1,000,000. The property spans approximately 3,600 square feet, resulting in a price per square foot of $278. The sale took place on August 26, 2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,000,000
- Market: Medford, MA
- Buyer's Representative: Amy Frizzi - Ivy Realty Group
- Seller's Representative: Mike Cohen - Compass
Amy Frizzi from Ivy Realty Group represented the buyer in this transaction, while Mike Cohen from Compass represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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