Updated Dec 4, 2024
Comunidad Cristiana Vida Abundante Acquires Church On 531 Danbury Road For $1.2M
531 Danbury Road
$1,200,000
Building Size
—
Asset Type
Church
Closing
Apr 12, 2024
About this deal
AI
The First Church of Christ, Scientist located at 531 Danbury Road in Wilton, CT, has been sold for $1.2 million. The property, a church, was acquired by Comunidad Cristiana Vida Abundante.
Summary of transaction details:
- Property Type: Church
- Transaction Amount: $1,200,000
- Address: 531 Danbury Road
- Market: Wilton, CT
- Buyer: Comunidad Cristiana Vida Abundante
- Brokers: Christopher Maglione & Dale Thomas - Hastings Real Estate
The sale of the church at 531 Danbury Road in Wilton, CT, was facilitated by real estate brokers Christopher Maglione and Dale Thomas from Hastings Real Estate, representing the buyer in the transaction.
Players
Wilton Church Market Snapshot
Boundary boundary · Church · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93