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30 Houghton St, Somerville,...

Torii, Inc. Acquires Single Family Home In Somerville, MA For $1.04M
SOLDSingle Family Residence

Torii, Inc. Acquires Single Family Home In Somerville, MA For $1.04M

30 Houghton St, Somerville, MA 02143, USA

$1,040,000

$68/SF

Building Size

15,150 SF

Asset Type

Single Family Residence

Closing

Jul 16, 2020

AI

A single-family property located at 30 Houghton Street in Somerville, MA has been sold. The transaction took place on July 17, 2020. The property spans 1,515 square feet.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $1,040,000
  • Price per Square Foot: $686

The seller's representatives in this deal were Lindsay Allison & Lisa May from Gibson Sotheby's International Realty. On the other hand, the buyer was represented by Michael Sokolowski from Torii, Inc.

Players

Lindsay Allison

Sotheby's International Realty

Broker

$3.5M

vol

2 deals

Broker

Somerville 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

15.25%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93