Updated Dec 20, 2023
Coldwell Banker Realty Acquires Single Family Home In Belmont, MA For $1.36M
87 Sherman St, Belmont, MA 02478, USA
$1,360,000
$591/SF
Building Size
2,301 SF
Asset Type
Single Family Residence
Closing
Oct 6, 2020
About this deal
AI
Located in Belmont, MA, the single-family property at 87 Sherman Street recently changed hands in a closed transaction. The property offers a total of 2,301 square feet of space, resulting in a price per square foot of $591. The sale price for this transaction was $1,360,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,360,000
- Market: Belmont, MA
- Seller's Representative: Mike DelRose Real Estate Team – RE/MAX Revolution
- Buyer's Representative: Christine Pomer – Coldwell Banker Realty – Lexington
The property at 87 Sherman Street was sold with the assistance of Mike DelRose Real Estate Team from RE/MAX Revolution as the seller's representative. Representing the buyer in this transaction was Christine Pomer from Coldwell Banker Realty in Lexington. Both parties played pivotal roles in the successful sale of the property.
Players
Belmont 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
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93