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7 Meadow View Ln, Andover, ...

Coldwell Banker Acquires Single Family Home In Andover, MA For $1.15M
SOLDSingle Family Residence

Coldwell Banker Acquires Single Family Home In Andover, MA For $1.15M

7 Meadow View Ln, Andover, MA 01810, USA

$1,150,000

$220/SF

Building Size

5,210 SF

Asset Type

Single Family Residence

Closing

Aug 13, 2020

AI

Located in Andover, MA, the single-family property at 7 Meadow View Lane recently closed in a transaction brokered by Carla Burns, Marjie Fitzpatrick, and Philip Chaves of Coldwell Banker Residential Brokerage. The property offers a spacious living area of 5,210 square feet and was sold for $1,150,000, resulting in a price per square foot of $221.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $1,150,000
  • Address: 7 Meadow View Lane, Andover, MA
  • Market: Andover, MA
  • Brokers: Carla Burns, Marjie Fitzpatrick, and Philip Chaves - Coldwell Banker Residential Brokerage
  • Square Footage: 5,210
  • Price Per Square Foot: $221

The involvement of Carla Burns, Marjie Fitzpatrick, and Philip Chaves of Coldwell Banker Residential Brokerage played a crucial role in the successful closure of this transaction. Their expertise and dedication ensured a smooth process for all parties involved in the deal.

Players

Marjie Fitzpatrick

Coldwell Banker

Broker

$5.7M

vol

4 deals

Broker

Andover 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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93