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James & Rita Barger Acquire Charlestown, MA SFR On Baldwin St For $2.1M

Property Image
SOLD
$2,100,000
Mike Ludwig
Craig Brody

Massachusetts

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Single Family Residence2,595 SF
Sold 09/30/2022
the dealplayerscompscontact
Property Image
SOLD

James & Rita Barger Acquire Charlestown, MA SFR On Baldwin St For $2.1M

58 Baldwin Street

See Similar Deals
Single Family Residence2,595 SF
Sold 09/30/2022
Mike Ludwig
Craig Brody
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$809
Total Square Footage:2,595 SF
Transaction Type:Sale

A single-family home located at 58 Baldwin St in Charlestown, MA has been sold for a total price of $2,100,000. The property spans a total area of 2,595 square feet, resulting in a price per square foot of $809.

Summary of transaction details:

  • Property Type: Single Family Home
  • Transaction Amount: $2,100,000
  • Address: 58 Baldwin St, Charlestown, MA
  • Market: Charlestown, MA
  • Buyer: James & Rita Barger
  • Seller: Jennifer Brogan
  • Brokers: Craig Brody - Douglas Elliman & Mike Ludwig - Compass

The deal was facilitated by brokers Craig Brody of Douglas Elliman and Mike Ludwig of Compass.

Players

Craig Brody
Douglas Elliman
Craig Brody
16 deals$75M volume
BROKER
Mike Ludwig
Compass
Mike Ludwig
1 deal$2.1M volume
BROKER

Details

SOLD
IMAGE: Craig Brody DATE: 09/30/2022 ADDRESS: 58 Baldwin St MARKET: Charlestown, MA ASSET TYPE: SFR BUYER: James & Rita Barger SELLER: Jennifer Brogan BROKERS: Craig Brody (@BrodyCraiga) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanMassachusetts) & Mike Ludwig (@MikeLudwigRE) - Compass (@Compass) SALE PRICE: $2,100,000 SF: 2,595 ~ PPSF: $809 Brody

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

$112,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86