facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Single Family Residence

/

Sale

/

8 Langley Lane, Andover, Ma...

Nikolas Amicone & Ashley Amicone Acquire SFR In Andover, MA From Richard Mahoney
SOLDSingle Family Residence

Nikolas Amicone & Ashley Amicone Acquire SFR In Andover, MA From Richard Mahoney

8 Langley Lane, Andover, Massachusetts, USA

$850,000

$307/SF

Building Size

2,764 SF

Asset Type

Single Family Residence

Closing

Jul 23, 2020

AI

An SFR located at 8 Langley Ln in Andover, MA, was recently sold in a transaction completed on July 23, 2021. The property, consisting of approximately 2,764 square feet, was purchased by Nikolas Amicone and Ashley Amicone at a sale price of $850,000. The seller in this deal was Richard Mahoney. The transaction was facilitated by Nik Amicone from Amicone & Associates.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $850,000
  • Address: 8 Langley Ln, Andover, MA
  • Market: Andover, MA
  • Buyer: Nikolas Amicone & Ashley Amicone
  • Seller: Richard Mahoney
  • Buyer's Representative: Nik Amicone - Amicone & Associates

Nikolas Amicone and Ashley Amicone were the buyers in this transaction, while Richard Mahoney served as the seller. Nik Amicone from Amicone & Associates acted as the representative for the buyers in the deal.

More information about the transaction can be found at www.AmiconeAssociates.com.

Players

Nikolas Amicone

Broker

$16.3M

vol

10 deals

Broker

Ashley Amicone

Buyer

$1.7M

vol

2 deals

Buyer

Andover Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.66%

Cash-on-Cash

-5.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93