Julie Perkins & Louis Rockwood Phillips Acquire SFR In Stoneham, MA For $1M
9 Fairlane Road, Stoneham, MA 01880
$1,000,000
$194/SF
Building Size
5,138 SF
Asset Type
Single Family Residence
Closing
Dec 1, 2021
AI
Located at 9 Fairlane Rd in Stoneham, MA, this single-family home was recently sold. The property, with a size of 5,138 square feet, features a spacious living area. The transaction took place on 12/01/2021 at a sale price of $1,000,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,000,000
- Market: Stoneham, MA
- Asking Price: $998,900
The buyers, Julie Perkins and Louis Rockwood Phillips, acquired the property from sellers Bruno and Delia Mastrodicasa. Ann Marie King from Keller Williams Realty represented the buyers, while Dave Martiroso and Arthur Martiroso from DNA Realty Group, also of Keller Williams Realty, represented the sellers in the deal.
Players
Stoneham 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93