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Pinnacle Residential Acquires Single Family Property In Westwood, MA For $2.2M

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SOLD
$2,228,000

Massachusetts

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Single Family Residence71,410 SF
Sold 10/15/2020
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Property Image
SOLD

Pinnacle Residential Acquires Single Family Property In Westwood, MA For $2.2M

431 Far Reach Rd, Westwood, MA 02090, Estados Unidos

See Similar Deals
Single Family Residence71,410 SF
Sold 10/15/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$31
Total Square Footage:71,410 SF
Transaction Type:Sale

The single-family property located at 431 Far Reach Road in Westwood, MA has been sold. The transaction took place on October 16, 2020. The property spans 7,141 square feet and was sold for a price of $2,228,000, resulting in a price per square foot of $312.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,228,000
  • Address: 431 Far Reach Road
  • Market: Westwood, MA
  • Square Footage: 7,141
  • Price per Square Foot: $312

Manuel Sarkis from Douglas Elliman Real Estate represented the seller in this transaction, while Amy Caffrey from Pinnacle Residential represented the buyer.

Players

Manny Sarkis
5 deals$11.5M volume
BROKER

Amy Caffrey
Pinnacle Residential Properties
1 deal$2.2M volume
BROKER

Details

SOLD
IMAGE: Amy Caffrey & Manuel Sarkis⁠ DATE: 10/16/2020⁠ ADDRESS: 431 Far Reach Road⁠ MARKET: Westwood, MA⁠ ASSET TYPE: Single Family⁠ SALE PRICE: $2,228,000⁠ SF: 7,141 / PPSF: $312⁠ SELLER’S REP: Manuel Sarkis – Douglas Elliman Real Estate⁠ BUYER’S REP: Amy Caffrey – Pinnacle Residential⁠

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,915.62
Cash-on-Cash Return-1.27%
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