Updated Dec 21, 2023
Belmont, MA Single Family Home Sells For $1.46M With Coldwell Banker And Dreamega Realty
23 Tobey Rd, Belmont, MA 02478, USA
$1,462,000
$57/SF
Building Size
25,300 SF
Asset Type
Single Family Residence
Closing
Oct 1, 2020
About this deal
AI
The single-family property at 23 Tobey Road in Belmont, MA has been sold for a price of $1,462,000. With a total area of 2,530 square feet, the sale equates to a price per square foot of $578. The transaction was facilitated by Christine Pomer from Coldwell Banker Realty in Lexington, representing the seller, and Shuocen Yuan from Dreamega International Realty LLC, representing the buyer.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,462,000
- Square Footage: 2,530
- Price per Square Foot: $578
- Market: Belmont, MA
Christine Pomer from Coldwell Banker Realty in Lexington represented the seller in this transaction, while Shuocen Yuan from Dreamega International Realty LLC acted as the buyer's representative.
Players
Belmont 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
10.85%
Cash-on-Cash
-3.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93