facebook
Traded Co logo
Submit

Michael R. Macgilpin & Andrea L. Macgilpin Acquire 12 Colonial Lane In Ridgefield, CT For $1.26M

Property Image
SOLD
$1,260,000

Connecticut

See Similar Deals
Single Family Residence5,870 SF
Sold 03/22/2021
the dealplayerscompscontact
Property Image
SOLD

Michael R. Macgilpin & Andrea L. Macgilpin Acquire 12 Colonial Lane In Ridgefield, CT For $1.26M

Colonial Lane, Ridgefield, CT, USA

See Similar Deals
Single Family Residence5,870 SF
Sold 03/22/2021
Contact now

Summary

CONNECTICUT
Asset Type:Single Family Residence
Price Per Square Foot:$214
Total Square Footage:5,870 SF
Transaction Type:Sale

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

Amy Sledge
2 deals$2.3M volume(469) 536-1983
BROKER

Heather Neumann Salaga
1 deal$1.3M volume
BROKER

Details

SOLD
IMAGE: Heather Neumann Salaga & Amy Mosley DATE: 03/22/2021 ADDRESS: 12 Colonial Lane MARKET: Ridgefield, CT ASSET TYPE: Single Family SELLER: Kenneth G. Brady & Kristie L. Brady BUYER: Michael R. Macgilpin & Andrea L. Macgilpin BROKERS: Heather Neumann Salaga - Neumann Real Estate & Amy Mosley - Keller Williams Realty SALE PRICE: $1,260,000 SF: 5,870 ~ PPSF: $215

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$67,200.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,476.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,973.04
Annual Debt Service$71,676.51