Updated Sep 5, 2024
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
About this deal
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
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