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1 Old Farm Rd

Updated Dec 4, 2024

Mott & Chace Sotheby’s International Realty Facilitates $3.9M Sale Of Berkley, MA Single Family Home
SOLDSingle Family

Mott & Chace Sotheby’s International Realty Facilitates $3.9M Sale Of Berkley, MA Single Family Home

1 Old Farm Rd

$3,900,000

$359/SF

Building Size

10,835 SF

Asset Type

Single Family

Closing

Nov 17, 2023

About this deal

AI

The $3.9 million sale of 1 Old Farm Rd. in Berkley, MA, has been facilitated by Mott & Chace Sotheby’s International Realty, marking the highest recorded sale in the area. This single-family property spans 10,835 square feet and was sold at a price per square foot of $360.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $3,900,000
  • Address: 1 Old Farm Rd, Berkley, MA
  • Market: Berkley, MA
  • Square Footage: 10,835

The sale was facilitated by Ben Scungio, Cheryl Andreozzi, and Christine Dupuis of Sotheby's International Realty.

Players

Ben Scungio

Sotheby's International Realty

Broker

$28.9M

vol

2 deals

Broker

Berkley Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $359 per square foot on a published $3.9M for 10,835 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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