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Dan McArdle Acquires SFR In Boston, MA For $1M

Property Image
SOLD
$1,000,000

Massachusetts

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Single Family Residence2,461 SF
Sold 05/27/2020
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Property Image
SOLD

Dan McArdle Acquires SFR In Boston, MA For $1M

32 Wellesley Park, Boston, Massachusetts, USA

See Similar Deals
Single Family Residence2,461 SF
Sold 05/27/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$406
Total Square Footage:2,461 SF
Transaction Type:Sale

The single-family home located at 32 Wellesley Park in Boston, MA has been sold in a recent transaction. The property offers a total of 2,461 square feet of space. It features a spacious layout and is situated in a desirable location.

Summary of Transaction Details:

  • Property Type: Single-Family Home
  • Transaction Amount: $1,000,000
  • Address: 32 Wellesley Park, Boston, MA
  • Market: Boston, MA

The seller of the property was Evan Sanders, while the buyer was Dan McArdle. Joe Fallon from Great Spaces ERA represented the seller, and Brian Quijada from Jack Conway represented the buyer in the deal.

The property was listed for sale with an asking price of $1,079,000. It was eventually sold for $1,000,000, resulting in a sale-to-list price ratio of 92%. The transaction was completed on 05/27/2021, and the sale was finalized in the first week of the property being on the market.

Players

Brian Quijada
6 deals$8.5M volume(978) 590-9921
BROKER

Joe Fallon
1 deal$1M volume
BROKER

Details

SOLD
IMAGE: Joe Fallon & Brian Quijada DATE: 05/27/2021 ADDRESS: 32 Wellesley Park MARKET: Boston, MA ASSET TYPE: SFR SELLER: Evan Sanders BUYER: Dan McArdle SELLER'S REP: Joe Fallon - Great Spaces ERA BUYER'S REP: Brian Quijada - (@Brian_Quijada) - Jack Conway ASKING PRICE: $1,079,000 SALE PRICE: $1,000,000 SF: 2,461 ~ PPSF: $406 NOTE: 92% sale to list price ratio in first week on the market

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12