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
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