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255 Park Avenue, Arlington,...

Paul & Karen Weisbach Acquire SFR In Arlington, MA For $1.5M
SOLDSingle Family Residence

Paul & Karen Weisbach Acquire SFR In Arlington, MA For $1.5M

255 Park Avenue, Arlington, Massachusetts, USA

$1,500,000

$598/SF

Building Size

2,506 SF

Asset Type

Single Family Residence

Closing

Oct 7, 2021

AI

255 Park Avenue in Arlington, MA has been sold in a recent transaction. The single-family home (SFR) was purchased by Paul & Karen Weisbach from the seller, Jonathan & Allison Conelias. The buyer was represented by Laurie Williamson from the Homes North of Boston Team at Keller Williams Realty Boston Northwest, while the seller was represented by Arthur Martiroso & David Martiroso from the DNA Realty Group at Keller Williams Realty.

Summary of transaction details:

  • Property Type: Single-Family Home (SFR)
  • Transaction Amount: $1,500,000
  • Address: 255 Park Avenue, Arlington, MA
  • Market: Arlington, MA
  • Asking Price: $1,199,000
  • Square Footage: 2,506
  • Price per Square Foot: $599

In this transaction, Paul & Karen Weisbach acquired the property from Jonathan & Allison Conelias. The buyer was represented by Laurie Williamson from the Homes North of Boston Team at Keller Williams Realty Boston Northwest, while the seller was represented by Arthur Martiroso & David Martiroso from the DNA Realty Group at Keller Williams Realty.

Players

Laurie Williamson

Keller Williams Realty

Broker

$1.5M

vol

1 deal

Broker

Jonathan Conelias

Seller

$2.9M

vol

2 deals

Seller

Arlington 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93