Updated Dec 21, 2023
Christine & Edmund Stoecklein Sell Wheeler Island In Branford, CT For $2,999,000
0 Wheeler Avenue, Bridgeport, Connecticut 06606, United States
$2,999,000
Building Size
—
Asset Type
—
Closing
Mar 8, 2022
About this deal
AI
The property involved in this closed transaction is an island located at 0 Wheeler Island in Branford, CT. The island was sold for a price of $2,999,000. The sale was completed on 03/09/2022.
Summary of transaction details:
- Property Type: Island
- Transaction Amount: $2,999,000
- Address: 0 Wheeler Island, Branford, CT
- Market: Branford, CT
The sellers of the island were Christine & Edmund Stoecklein. The real estate agent who represented them in the deal was Margaret Muir from William Pitt Sotheby’s International Realty.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93