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821 Merrimack Avenue, Dracu...

Nikolas Amicone Sells SFR In Dracut, MA For $700K
SOLDSingle Family Residence

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

Nikolas Amicone

Broker

$16.3M

vol

10 deals

Broker

Dracut 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

22.66%

Cash-on-Cash

-6.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93