Kenneth Gordon Acquires Needham Heights SFR From David Tocci For $1.75M
58 Crescent Road, Needham, Massachusetts 02494, United States
$1,750,000
$437/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Mar 9, 2022
AI
The single-family home located at 58 Crescent Rd in Needham Heights, MA was recently sold in a transaction on 03/10/2022. The property spans approximately 4,000 square feet and has an address in the desirable neighborhood of Needham Heights. The sale price for this property was $1,750,000, resulting in a price per square foot of $438.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $1,750,000
- Address: 58 Crescent Rd, Needham Heights, MA
- Market: Needham Heights, MA
The buyer in this transaction is Kenneth Gordon, while the seller is David Tocci. The deal was facilitated by two brokers: Craig Brody from Douglas Elliman and Adriano Varano from Varano Realty Group.
Players
Needham Heights 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93