Coldwell Banker Residential Brokerage Sells Single Family Home In Lexington, MA For $2.3M
SOLD
$2,300,000
New York
See Similar DealsSingle Family Residence5,122 SF
Sold 08/07/2020
SOLD
Coldwell Banker Residential Brokerage Sells Single Family Home In Lexington, MA For $2.3M
3 Penny Ln, Bear, De 19701, Usa
See Similar DealsSingle Family Residence5,122 SF
Sold 08/07/2020
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$449
Total Square Footage:5,122 SF
Transaction Type:Sale
The single-family property located at 3 Penny Lane in Lexington, MA has been sold. The transaction took place on 08/07/2020 for a sale price of $2,300,000. The property spans across 5,122 square feet, resulting in a price per square foot of $449.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,300,000
- Address: 3 Penny Lane, Lexington, MA
- Market: Lexington, MA
- Brokers: Deborah Fogarty & Jean Winchester – Coldwell Banker Residential Brokerage
- Square Footage: 5,122
- Price Per Square Foot: $449
Deborah Fogarty & Jean Winchester from Coldwell Banker Residential Brokerage represented the parties involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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