Updated Oct 28, 2024
Patrick Brickley Acquires SFR In Billerica, MA For $780,000
3 Village Lane, North Billerica, Massachusetts 01862, United States
$780,000
$307/SF
Building Size
2,540 SF
Asset Type
Single Family Residence
Closing
Feb 1, 2022
About this deal
AI
Located in Billerica, MA, this single-family residential property is situated at 3 Village Lane. With a spacious area of 2,540 square feet, this property offers ample living space for its residents. The property was sold by Bettencourt Investment Group, LLC, with Marco P. Bettencourt from Bettencourt Real Estate representing the seller. The buyer of this property is Patrick Brickley.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $780,000
- Market: Billerica, MA
- Asking Price: $729,900
- Price per Square Foot: $307
Bettencourt Real Estate, represented by Marco P. Bettencourt, facilitated the transaction on behalf of the seller, Bettencourt Investment Group, LLC. The final sale price exceeded the initial asking price, indicating strong demand in the market for this property. The buyer, Patrick Brickley, made a smart investment in acquiring this desirable single-family residence.
Players
North Billerica Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $307 per square foot on a published $780K for 2,540 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.34%
Cash-on-Cash
-5.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93