facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Single Family

/

Sale

/

Green Island, Branford, Con...

Updated Sep 5, 2024

Green Island, 78-Acre Private Island With Oyster Beds, Sold For $3.5M
SOLDSingle Family

Green Island, 78-Acre Private Island With Oyster Beds, Sold For $3.5M

Green Island, Branford, Connecticut 06405, United States

$3,500,000

Building Size

Asset Type

Single Family

Closing

Apr 28, 2023

About this deal

AI

Green Island, a 78-acre private island with oyster beds located just off the coast of Connecticut, has been sold for $3.5 million. The island features a vacation home with four bedrooms and two bathrooms. The home, designed by Duo Dickenson, boasts a unique two-story window wall, offering stunning views of the surrounding scenery. Additional features include a full bath and a walk-in closet. Despite its remote location, Green Island is connected to the mainland for utilities, although landline internet is not available.

Summary of transaction details:

  • Property Type: Single Family
  • Sale Price: $3,500,000
  • Address: Green Island
  • Market: Branford, CT
  • Asset Type: Single Family
  • Acres: 78
  • Broker: Kiara Rusconi - William Raveis Real Estate

The sale of Green Island was facilitated by Kiara Rusconi of William Raveis Real Estate. Rusconi represented the seller in this transaction, ensuring a smooth and successful deal. With its idyllic location and unique features, Green Island presents a rare opportunity for the new owner to enjoy privacy, tranquility, and breathtaking natural surroundings.

Players

Kiara Rusconi

William Raveis Real Estate

Broker

$3.5M

vol

1 deal

Broker

Branford Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Deal FAQ

Visit William Raveis Real Estate to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets