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9 Fairlane Road, Stoneham, ...

Julie Perkins & Louis Rockwood Phillips Acquire SFR In Stoneham, MA For $1M
SOLDSingle Family Residence

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

Arthur Martiroso

Keller Williams Realty

Broker

$11.8M

vol

10 deals

Broker

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