Updated Dec 19, 2023
Salim Chowdhury Acquires SFR In Arlington For $1.15M With Marcus Walker - Walker Residential Property
245 Park Ave, Arlington, Massachusetts, USA
$1,150,000
$554/SF
Building Size
2,074 SF
Asset Type
Single Family Residence
Closing
Sep 2, 2021
About this deal
AI
A single-family residential property located at 245 Park Ave in Arlington, MA has been sold in a recent transaction. The property, with a total floor area of 2,074 square feet, was listed for sale with an asking price of $975,000.
Summary of transaction details:
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $1,150,000
- Market: Arlington, MA
The buyer of the property is Salim Chowdhury, while the seller is John Sharp. The sale was facilitated by Marcus Walker, a representative from Walker Residential Property, acting as the broker in the deal.
The sale price of the property was $1,150,000, resulting in a price per square foot (PPSF) of $554. This transaction showcases the demand for residential properties in Arlington, MA, as evidenced by the sale price exceeding the initial asking price.
Players
Arlington Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $554 per square foot on a published $1.2M for 2,074 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93