Updated Sep 9, 2024
Michael R. Macgilpin & Andrea L. Macgilpin Acquire 12 Colonial Lane In Ridgefield, CT For $1.26M
Colonial Lane, Ridgefield, CT, USA
$1,260,000
$214/SF
Building Size
5,870 SF
Asset Type
Single Family Residence
Closing
Mar 21, 2021
About this deal
AI
A single-family home located at 12 Colonial Lane in Ridgefield, CT was recently sold for $1,260,000. The property spans across 5,870 square feet, resulting in a price per square foot of $215.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,260,000
- Address: 12 Colonial Lane, Ridgefield, CT
- Market: Ridgefield, CT
The sellers of the property were Kenneth G. Brady and Kristie L. Brady, while the buyers were Michael R. Macgilpin and Andrea L. Macgilpin. The sale was facilitated by Heather Neumann Salaga from Neumann Real Estate and Amy Mosley from Keller Williams Realty.
Players
Ridgefield Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.59%
Cash-on-Cash
-3.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93