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7 Hancock Street, Arlington...

Varun Kumar & Swati Gupta Acquire SFR In Arlington, MA For $1.5M
SOLDSingle Family Residence

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

Arthur Martiroso

Keller Williams Realty

Broker

$11.8M

vol

10 deals

Broker

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