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The Morgan Franklin Group Sells SFR In South Boston For $410K

Property Image
SOLD
$410,000

Massachusetts

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Single Family Residence500 SF
Sold 01/26/2022
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Property Image
SOLD

The Morgan Franklin Group Sells SFR In South Boston For $410K

492 E Broadway, South Boston, Massachusetts 02127, United States

See Similar Deals
Single Family Residence500 SF
Sold 01/26/2022
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$820
Total Square Footage:500 SF
Transaction Type:Sale

A single-family home located at 492-494 E Broadway in South Boston, MA has been sold for a total price of $410,000. The property spans approximately 500 square feet and was sold at a price per square foot of $820.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $410,000
  • Image: Hailee Walker
  • Date: 01/26/2022
  • Address: 492-494 E Broadway
  • Market: South Boston, MA

The sale was facilitated by Hailee Walker from The Morgan Franklin Group acting as the broker for this transaction.

Players

Hailee Walker
Coldwell Banker
Hailee Walker
6 deals$4.1M volume
BROKER

Details

SOLD
IMAGE: Hailee Walker DATE: 01/26/2022 ADDRESS: 492-494 E Broadway MARKET: South Boston, MA ASSET TYPE: SFR BROKER: Hailee Walker - The Morgan Franklin Group SALE PRICE: $410,000 SF: 500 ~ PPSF: $820

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$21,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,456.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,943.61
Annual Debt Service$23,323.31