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Rosemary McCready Acquires Lincoln, MA SFR For $4.95M

Property Image
SOLD
$4,950,000

Massachusetts

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Single Family Residence52,250 SF
Sold 10/06/2020
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Property Image
SOLD

Rosemary McCready Acquires Lincoln, MA SFR For $4.95M

232 Lincoln Rd, Lincoln, MA 01773, USA

See Similar Deals
Single Family Residence52,250 SF
Sold 10/06/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$94
Total Square Footage:52,250 SF
Transaction Type:Sale

A single-family residential property located at 232 Lincoln Road in Lincoln, MA was recently sold for a total price of $4,950,000. The property spans across 5,225 square feet, resulting in a price per square foot of $947.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $4,950,000
  • Square Footage: 5,225
  • Price per Square Foot: $947
  • Market: Lincoln, MA

The seller of the property was represented by Teri Adler from Pinnacle Residential, while the buyer was represented by Rosemary McCready from Compass.

Players

3 deals$12.2M volume
BROKER

Details

SOLD
IMAGE: Rosemary McCready⁠ DATE: 10/06/2020⁠ ADDRESS: 232 Lincoln Road⁠ MARKET: Lincoln, MA⁠ ASSET TYPE: SFR⁠ SALE PRICE: $4,950,000⁠ SF: 5,225 / PPSF: $947⁠ SELLER’S REP: Teri Adler – Pinnacle Residential⁠ BUYER’S REP: Rosemary McCready – Compass⁠

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$264,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,586.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,465.53
Annual Debt Service$281,586.30