Updated Dec 20, 2023
Coldwell Banker Residential Brokerage - Lexington Acquires Single Family Property In Belmont, MA For $1.85M
47 Marsh St, Belmont, MA 02478, USA
$1,850,000
$42/SF
Building Size
44,050 SF
Asset Type
Single Family Residence
Closing
Oct 1, 2020
About this deal
AI
A single-family property located at 47 Marsh Street in Belmont, MA has recently been sold. The property, with a total area of 4,405 square feet, was sold for $1,850,000. This amounts to a price per square foot of $420, indicating a favorable investment.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,850,000
- Square Footage: 4,405
- Price per Square Foot: $420
- Market: Belmont, MA
The seller in this transaction was represented by The Toland Team from Berkshire Hathaway HomeServices Commonwealth Real Estate. On the buyer's side, Christine Pomer from Coldwell Banker Residential Brokerage – Lexington provided the representation. Both parties played a crucial role in successfully completing the deal.
Players
Belmont 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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93