Updated Oct 29, 2024
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
Needham 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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93