Varun Kumar & Swati Gupta Acquire SFR In Arlington, MA For $1.5M
7 Hancock Street, Arlington, Massachusetts 02474, United States
$1,500,000
$488/SF
Building Size
3,073 SF
Asset Type
Single Family Residence
Closing
Oct 31, 2021
AI
A single-family residence located at 7 Hancock Street in Arlington, MA has been sold. The property, with a size of 3,073 square feet, was listed for $1,499,000. The final sale price was $1,500,000, resulting in a price per square foot of $488. The transaction took place on November 1, 2021, and the buyers of the property are Varun Kumar and Swati Gupta. The sellers of the property, Bernard Driscoll III, were represented by Dan Loprete of Realty Executives. Meanwhile, the buyers were represented by Arthur Martiroso and David Martiroso of DNA Realty Group - Keller Williams Realty.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $1,500,000
- Address: 7 Hancock Street, Arlington, MA
- Market: Arlington, MA
- Size: 3,073 square feet
- Price per Square Foot: $488
Arthur Martiroso and David Martiroso of DNA Realty Group - Keller Williams Realty served as the buyer's representatives in this transaction. For any inquiries, Arthur Martiroso can be reached at 617-921-5015. Dan Loprete acted as the seller's representative in the deal, and he can be contacted at 617-733-5893.
Players
Arlington 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93