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47 Magnolia Drive, Westford...

Brendan & Jessica Putney Acquire SFR In Westford, MA For $1.05M
SOLDSingle Family Residence

Brendan & Jessica Putney Acquire SFR In Westford, MA For $1.05M

47 Magnolia Drive, Westford, Massachusetts 01886, United States

$1,055,000

$279/SF

Building Size

3,774 SF

Asset Type

Single Family Residence

Closing

Dec 1, 2021

AI

A single-family home located at 47 Magnolia Drive in Westford, MA has been sold. The property, with a total area of 3,774 square feet, was sold for $1,055,000. The sale was closed on December 1, 2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,055,000
  • Address: 47 Magnolia Drive, Westford, MA
  • Market: Westford, MA

The buyers of the property were Brendan and Jessica Putney. The sellers were Arvind and Varsha Jagannath. Representing the buyers in the transaction were Arthur Martiroso and David Martiroso from DNARealtyGroup at Keller Williams Realty. Frances Markel from Markel Realty Group at Keller Williams Realty acted as the seller's representative.

The property, which was listed with an asking price of $965,000, was sold at a price of $1,055,000. With a price per square foot of $280, the transaction reflects the value of the property based on its size.

Players

Arthur Martiroso

Keller Williams Realty

Broker

$11.8M

vol

10 deals

Broker

Westford Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.04%

Cash-on-Cash

-4.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93