Manchester Single Family Home Sells For $1.28M With Brokers Kate Richard & Ted Richard - J. Barrett & Company
SOLD
$1,280,000
Massachusetts
See Similar DealsSingle Family Residence3,145 SF
Sold 09/25/2020
SOLD
Manchester Single Family Home Sells For $1.28M With Brokers Kate Richard & Ted Richard - J. Barrett & Company
36 Walker Rd, Manchester-by-the-Sea, MA 01944, USA
See Similar DealsSingle Family Residence3,145 SF
Sold 09/25/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$407
Total Square Footage:3,145 SF
Transaction Type:Sale
A single-family property located at 36 Walker Road in Manchester, MA has been sold for a total of $1,280,000. This property spans across 3,145 square feet, resulting in a price per square foot of $407.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,280,000
- Address: 36 Walker Road
- Market: Manchester, MA
- Square Footage: 3,145
- Price per Square Foot: $407
- Brokers: Kate Richard & Ted Richard – J. Barrett & Company
The sale of this property was facilitated by Kate Richard and Ted Richard of J. Barrett & Company.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$68,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,547.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,067.85
Annual Debt Service$72,814.24
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