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Thom Caughlin & Leonard Steinberg Acquire Single Family Home In Greenwich, CT For $4.2M

Property Image
SOLD
$4,200,000
Jordan Rivera
Jennifer Leahy

Connecticut

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Single Family Residence448,668 SF
Sold 02/11/2021
the dealplayerscompscontact
Property Image
SOLD

Thom Caughlin & Leonard Steinberg Acquire Single Family Home In Greenwich, CT For $4.2M

2 Conyers Farm Drive, Greenwich, CT, USA

See Similar Deals
Single Family Residence448,668 SF
Sold 02/11/2021
Jordan Rivera
Jennifer Leahy
the dealplayerscompscontact
Contact now

Summary

CONNECTICUT
Asset Type:Single Family Residence
Price Per Square Foot:$9
Total Square Footage:448,668 SF
Transaction Type:Sale

The single-family property located at 2 Conyers Farm Drive in Greenwich, CT has been sold. The transaction took place on 02/11/2021.

Summary of transaction details

  • Property Type: Single Family
  • Asking Price: $4,490,000
  • Sale Price: $4,200,000
  • Address: 2 Conyers Farm Drive, Greenwich, CT
  • Market: Greenwich, CT

The buyers of the property are Thom Caughlin and Leonard Steinberg, represented by Compass.

The brokers involved in the deal are Jennifer Leahy and Jordan Rivera, who represent Douglas Elliman.

Players

Jennifer Leahy
Douglas Elliman
Jennifer Leahy
2 deals$104.2M volume
BROKER
Jordan Rivera
Douglas Elliman
Jordan Rivera
1 deal$4.2M volume
BROKER
Compass
Compass
BROKERAGE
Compass
Compass
BUYER
Compass
Compass
BUYER

Details

SOLD
IMAGE: Jennifer Leahy, Leonard Steinberg, & Thom Caughlin DATE: 02/11/2021 ADDRESS: 2 Conyers Farm Drive MARKET: Greenwich, CT ASSET TYPE: Single Family BUYER: Thom Caughlin & Leonard Steinberg - Compass BROKERS: Jennifer Leahy & Jordan Rivera - Douglas Elliman ASKING PRICE: $4.,490,000 SALE PRICE: $4,200,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71