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
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