Nikolas Amicone Sells SFR In Dracut, MA For $700K
821 Merrimack Avenue, Dracut, MA 01826, USA
$700,000
$62/SF
Building Size
11,243 SF
Asset Type
Single Family Residence
Closing
Oct 29, 2021
AI
The recently closed property transaction in Dracut, MA involved a single-family home located at 821 Merrimack Ave. The property, with a total area of 2,283 square feet, was sold for a price of $700,000. The buyer's representative for this transaction was Michelle Fermin from The Fermin Group - CENTURY 21 North East, while the seller's representative was Nikolas Amicone from Amicone & Associates.
Summary of transaction details
- Property Type: Single-family home
- Transaction Amount: $700,000
- Address: 821 Merrimack Ave, Dracut, MA
- Market: Dracut, MA
- Square Footage: 2,283
- Buyer's Representative: Michelle Fermin - The Fermin Group - CENTURY 21 North East
- Seller's Representative: Nikolas Amicone - Amicone & Associates
- Asking Price: $599,900
- Price per Square Foot: $306
This successful transaction showcases the expertise and dedication of Michelle Fermin from The Fermin Group - CENTURY 21 North East, who represented the buyer, and Nikolas Amicone from Amicone & Associates, who represented the seller. Their professionalism and negotiation skills undoubtedly contributed to the sale of this desirable single-family home in Dracut, MA.
Players
Dracut 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
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93