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Berkshire Hathaway HomeServices Warren Residential Acquires Single Family Home In Lexington, MA For $1.65M

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SOLD
$1,650,000

Massachusetts

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Single Family Residence4,600 SF
Sold 08/21/2020
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Property Image
SOLD

Berkshire Hathaway HomeServices Warren Residential Acquires Single Family Home In Lexington, MA For $1.65M

36 Ledgelawn Ave, Lexington, MA 02420, USA

See Similar Deals
Single Family Residence4,600 SF
Sold 08/21/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$358
Total Square Footage:4,600 SF
Transaction Type:Sale

The single-family property located at 36 Ledgelawn Avenue in Lexington, MA has been sold for a price of $1,650,000. The property spans across 4,600 square feet, resulting in a price per square foot of $359.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $1,650,000
  • Address: 36 Ledgelawn Avenue, Lexington, MA
  • Market: Lexington, MA

The seller's representative for this transaction was Kristin Brown from Coldwell Banker Realty - Lexington. Representing the buyer was James Lynch from Berkshire Hathaway HomeServices Warren Residential.

Players

Kristin Brown
1 deal$1.7M volume
BROKER

James Lynch
Berkshire Hathaway HomeServices
1 deal$1.7M volume
BROKER

Details

SOLD
IMAGE: IMAGE: Kristin Brown & James Lynch⁠ DATE: 08/21/2020⁠ ADDRESS: 36 Ledgelawn Avenue⁠ MARKET: Lexington, MA⁠ ASSET TYPE: Single Family⁠ SELLER’S REP: Kristin Brown – Coldwell Banker Realty – Lexington⁠ BUYER’S REP: James Lynch – Berkshire Hathaway HomeServices Warren Residential⁠ SALE PRICE: $1,650,000⁠ SF: 4,600⁠ PPSF: $359

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

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10