Manish Lutel Acquires SFR In Tewksbury, MA For $575,000
21 Kensington Way, Tewksbury, Massachusetts, USA
$575,000
$254/SF
Building Size
2,262 SF
Asset Type
Single Family Residence
Closing
Mar 8, 2021
AI
The single-family home located at 21 Kensington Way in Tewksbury, MA has been sold in a recent transaction. The property features a total of 2,262 square feet and is situated in the residential market of Tewksbury. The sale price for this asset was $575,000, which translates to a price per square foot of $254.
Summary of transaction details
- Property Type: Single Family Home
- Transaction Amount: $575,000
- Address: 21 Kensington Way, Tewksbury, MA
- Seller: Anthony Chiarenza
- Buyer: Manish Lutel
- Seller's Representative: Nikolas Amicone - Amicone & Associates
- Buyer's Representative: Lin Zhu - Keller Williams Realty
In this deal, the seller, Anthony Chiarenza, was represented by Nikolas Amicone from Amicone & Associates, while the buyer, Manish Lutel, was represented by Lin Zhu from Keller Williams Realty. Both representatives played a crucial role in facilitating the successful transaction of this single-family home in Tewksbury.
Players
Tewksbury Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
27.59%
Cash-on-Cash
-7.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93