Updated Dec 18, 2023
Edin Kadric Acquires Belmont, MA SFR For $1.8M
28 Adams St, Belmont, Massachusetts, USA
$1,800,000
$623/SF
Building Size
2,885 SF
Asset Type
Single Family Residence
Closing
Jun 25, 2020
About this deal
AI
A single-family home located at 28 Adams St in Belmont, MA has recently been sold for a price of $1,800,000. The property, with a size of 2,885 square feet, was sold by Martha A. Mazzone. The buyer of the property is Edin Kadric.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,800,000
- Address: 28 Adams St
- Market: Belmont, MA
- Seller: Martha A. Mazzone
- Buyer: Edin Kadric
- Seller's Representative: Bill Janovitz & John Tse
- Buyer's Representative: Alan Qiu
- Asking Price: $1,795,000
- Square Footage: 2,885
The buyer, Edin Kadric, was represented by Alan Qiu, while the seller, Martha A. Mazzone, was represented by Bill Janovitz and John Tse. The transaction was facilitated by Matt Tran as the lender. Rick Dunn served as the buyer's attorney in this deal.
Players
Belmont Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $623 per square foot on a published $1.8M for 2,885 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93