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Ali Choucri & Raz Panossian Acquire SFR In Bedford, MA For $1,475,000

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SOLD
$1,475,000

Massachusetts

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Single Family Residence3,896 SF
Sold 06/23/2020
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Property Image
SOLD

Ali Choucri & Raz Panossian Acquire SFR In Bedford, MA For $1,475,000

5 Benjamin Kidder Lane, Bedford, MA 01730, USA

See Similar Deals
Single Family Residence3,896 SF
Sold 06/23/2020
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$378
Total Square Footage:3,896 SF
Transaction Type:Sale

A single-family home located at 5 Benjamin Kidder Ln in Bedford, MA was recently sold. The property has a total square footage of 3,896 and was sold for a price of $1,475,000, which equates to a price per square foot of $379. The sale took place on 06/23/2021.

Summary of transaction details

  • Property Type: Single Family Residential
  • Transaction Amount: $1,475,000
  • Address: 5 Benjamin Kidder Ln
  • Market: Bedford, MA
  • Square Footage: 3,896

The sale of the property was facilitated by Raz Panossian and Ali Choucri from the East Group at Engel & Volkers. They served as the brokers for the deal.

Players

5 deals$6M volume
BROKER

Raz Panossian
5 deals$6M volume
BROKER

Details

SOLD
IMAGE: Ali Choucri & Raz Panossian DATE: 06/23/2021 ADDRESS: 5 Benjamin Kidder Ln MARKET: Bedford, MA ASSET TYPE: SFR BROKERS: Raz Panossian & Ali Choucri | East Group (@EastGroupBoston) - Engel & Volkers ASKING PRICE: $1,498,000 SALE PRICE: $1,475,000 SF: 3,896 ~ PPSF: $379

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

$78,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,240.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,992.25
Annual Debt Service$83,907.03