Colleen Santora Acquires SFR In North Andover, MA For $800K
SOLD
$800,000
Massachusetts
See Similar DealsSingle Family Residence2,800 SF
Sold 07/15/2021
SOLD
Colleen Santora Acquires SFR In North Andover, MA For $800K
571 Forest St, North Andover, Massachusetts, USA
See Similar DealsSingle Family Residence2,800 SF
Sold 07/15/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$285
Total Square Footage:2,800 SF
Transaction Type:Sale
A single-family home located at 571 Forest St in North Andover, MA has recently been sold. The property, captured in an image by Vincent Rizzo, was sold on July 15, 2021. The transaction involved a total of 2,800 square feet of living space.
Summary of transaction details
- Property Type: Single Family Home
- Transaction Amount: $800,000
- Address: 571 Forest St
- Market: North Andover, MA
The seller of the property was Jennifer Scott, while the buyer was Colleen Santora. Representing the parties in the transaction was Vincent Rizzo from Keller Williams Boston-Metro. The property was listed at an asking price of $729,900, but ultimately sold for $800,000. This translates to a price per square foot of $286.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$42,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,842.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,792.41
Annual Debt Service$45,508.90
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