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32 Sherman Street, Medford,...

Updated Oct 28, 2024

32 Sherman Llc Acquires SFR In Medford, MA For $750K With Dan Loprete - Realty Executives
SOLDSingle Family Residence

32 Sherman Llc Acquires SFR In Medford, MA For $750K With Dan Loprete - Realty Executives

32 Sherman Street, Medford, Massachusetts 02155, United States

$750,000

$288/SF

Building Size

2,600 SF

Asset Type

Single Family Residence

Closing

Dec 15, 2021

About this deal

AI

Located at 32 Sherman St in Medford, MA, this single-family home is the subject of a recent sale transaction. The property, measuring approximately 2,600 square feet, was sold for a price of $750,000. The sale was facilitated by Dan Loprete of Realty Executives, who represented the seller, Ann Harrer. The buyer in this transaction was 32 Sherman Llc.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $750,000
  • Address: 32 Sherman St, Medford, MA
  • Square Footage: 2,600
  • Seller: Ann Harrer
  • Buyer: 32 Sherman Llc
  • Broker: Dan Loprete - Realty Executives

This successful sale of 32 Sherman St was made possible by the efforts of Dan Loprete from Realty Executives, who represented Ann Harrer in the transaction. The deal demonstrates the strong real estate market in Medford, MA, and the desirability of this particular property.

Players

Dan Loprete

Realty Executives

Broker

$14.7M

vol

16 deals

Broker

Medford Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $288 per square foot on a published $750K for 2,600 square feet (2021).

Visit Dan Loprete to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

21.15%

Cash-on-Cash

-6.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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