Compass Acquires Single Family Home In Newton, MA For $1.26M
SOLD
$1,260,000
Massachusetts
See Similar DealsSingle Family Residence2,296 SF
Sold 08/07/2020
SOLD
Compass Acquires Single Family Home In Newton, MA For $1.26M
7 Sevland Rd, Newton, MA 02459, USA
See Similar DealsSingle Family Residence2,296 SF
Sold 08/07/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$548
Total Square Footage:2,296 SF
Transaction Type:Sale
A single-family property located at 7 Sevland Road in Newton, MA was recently sold for a total price of $1,260,000. The property spans 2,296 square feet, resulting in a price per square foot of $549. The transaction took place on 08/07/2020.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,260,000
- Address: 7 Sevland Road
- Market: Newton, MA
Ellen Meisel from Unlimited Sotheby's International Realty represented the seller in this transaction, while Ruth Malkin from Compass acted as the buyer's representative.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,476.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,973.04
Annual Debt Service$71,676.51
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