Subhash Kovela & Sindhu Mukku Acquire SFR In Newton, MA For $2.1M
36 Stanley Road, Newton, Waban, Massachusetts, USA
$2,100,000
$416/SF
Building Size
5,045 SF
Asset Type
Single Family Residence
Closing
Sep 10, 2021
AI
A single-family home located at 36 Stanley Road in Newton, MA has been sold. The property spans a total of 5,045 square feet and was sold for a price of $2,100,000. The sale price translates to a price per square foot of $416. The transaction took place on 09/10/2021.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $2,100,000
- Address: 36 Stanley Road, Newton, MA
- Market: Newton, MA
- Buyer: Subhash Kovela & Sindhu Mukku
- Seller: Tom Covert
- Buyer's Representative: Steve Novak - Compass
- Seller's Representative: Craig Brody - Douglas Elliman
The buyer of the property is Subhash Kovela and Sindhu Mukku. Representing the buyer is Steve Novak from Compass. The seller of the property is Tom Covert, with Craig Brody from Douglas Elliman serving as the seller's representative.
Newton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93