Updated Dec 21, 2023
Bill Willis & Christine Tierney Acquire SFR In Marblehead, MA For $1.63M
245 Ocean Avenue, Marblehead, Massachusetts 01945, United States
$1,630,000
$510/SF
Building Size
3,194 SF
Asset Type
Single Family Residence
Closing
Sep 20, 2022
About this deal
AI
Located at 245 Ocean Avenue in Marblehead, MA, this single-family residential property was recently sold. The transaction took place on September 21, 2022, and the property was sold for a total price of $1,630,000. With a spacious interior spanning 3,194 square feet, the property offers ample living space for its future occupants.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,630,000
- Address: 245 Ocean Avenue, Marblehead, MA
- Market: Marblehead, MA
- Broker: Bill Willis & Christine Tierney - Willis + Tierney - Compass
Represented by Bill Willis and Christine Tierney from Willis + Tierney, this transaction showcases their expertise and commitment to providing exceptional real estate services. The price per square foot for this property was approximately $410.
Players
Marblehead 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
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93