Nikolas Amicone & Deidre Hedmark Acquire Single Family Property In Harwich, MA
SOLD
$1,100,000
Massachusetts
See Similar DealsSingle Family Residence2,121 SF
Sold 02/11/2021
SOLD
Nikolas Amicone & Deidre Hedmark Acquire Single Family Property In Harwich, MA
94 Neel Road, Harwich Port, MA, USA
See Similar DealsSingle Family Residence2,121 SF
Sold 02/11/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$518
Total Square Footage:2,121 SF
Transaction Type:Sale
A single-family property located at 94 Neel Road in Harwich, MA was recently sold. The property, spanning 2,121 square feet, was listed for $989,000. After negotiations, the sale price reached $1,100,000, resulting in a price per square foot of $519. The transaction took place on 02/11/2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,100,000
- Square Footage: 2,121
- Asking Price: $989,000
- Price Per Square Foot: $519
- Market: Harwich, MA
The seller's representative for the deal was Deidre Hedmark from Gibson Sotheby's International Realty. On the other side, representing the buyer, was Nikolas Amicone from Amicone & Associates – Real Estate Professionals. Together, they facilitated the successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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