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224 Rutledge Rd, Belmont, M...

Updated Dec 20, 2023

Gibson Sotheby's International Realty Acquires Single Family Home In Belmont, MA For $1.925M
SOLDSingle Family Residence

Gibson Sotheby's International Realty Acquires Single Family Home In Belmont, MA For $1.925M

224 Rutledge Rd, Belmont, MA 02478, USA

$1,925,000

$60/SF

Building Size

32,000 SF

Asset Type

Single Family Residence

Closing

Sep 2, 2020

About this deal

AI

The single-family property located at 224 Rutledge Road in Belmont, MA has recently been sold for a total price of $1,925,000. The property spans 3,200 square feet, resulting in a price per square foot of $602.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,925,000
  • Square Footage: 3,200
  • Price per Square Foot: $602
  • Address: 224 Rutledge Road, Belmont, MA
  • Market: Belmont, MA

The seller's representative in this transaction was Patrick Murphy from Coldwell Banker Realty in Belmont. On the other side, the buyer was represented by Lara Gordon Caralis from Gibson Sotheby's International Realty.

Players

Belmont Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $60 per square foot on a published $1.9M for 32,000 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

8.24%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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