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Massachusetts

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Single Family Residence

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242 Valley Road

Updated Oct 29, 2024

Ryan & Katerina Caulfield Acquire SFR In Needham, MA From Pace Builders For $2.05M
SOLDSingle Family Residence

Ryan & Katerina Caulfield Acquire SFR In Needham, MA From Pace Builders For $2.05M

242 Valley Road

$2,050,000

$359/SF

Building Size

5,700 SF

Asset Type

Single Family Residence

Closing

Nov 23, 2022

About this deal

AI

The recently closed property transaction in Needham, MA involved the sale of a single-family home located at 242 Valley Road. The property was sold by Pace Builders to Ryan & Katerina Caulfield. The deal was facilitated by Connor Gillen from Louise Condon Realty.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $2,050,000
  • Square Footage: 5,700
  • Price per Square Foot: $360
  • Market: Needham, MA

Notably, the transaction was closed at a sale price of $2,050,000, with the property spanning 5,700 square feet. This equated to a price per square foot of $360. The property's address is 242 Valley Road in Needham, MA, which is a highly desirable location.

Ryan & Katerina Caulfield acquired the property from Pace Builders, thanks to the assistance of Connor Gillen from Louise Condon Realty. With its spacious square footage and attractive price per square foot, this transaction represents a significant investment opportunity.

Players

Connor Gillen

Louise Condon Realty

Broker

$4.6M

vol

3 deals

Broker
PB
Pace BuildersSeller

Needham Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $359 per square foot on a published $2.1M for 5,700 square feet (2022).

Visit Connor Gillen to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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