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239 Franklin Street

HOYD Builders Inc Sells Glencoe SFR On Franklin Street For $2.6M With Broker Michael Dickstein's Rep
SOLDCo-Op

HOYD Builders Inc Sells Glencoe SFR On Franklin Street For $2.6M With Broker Michael Dickstein's Rep

239 Franklin Street

$2,599,000

$388/SF

Building Size

6,689 SF

Asset Type

Co-Op

Closing

Dec 7, 2022

AI

The property sold in the transaction is a single-family home located at 239 Franklin Street in Glencoe. The property has a total area of 6,689 square feet and was sold for a price of $2,599,000, resulting in a price per square footage of $389. The seller of the property was HOYD Builders Inc. The transaction was facilitated by broker Michael Dickstein from Properties.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $2,599,000
  • Address: 239 Franklin Street
  • Market: Glencoe
  • SF: 6,689
  • PPSF: $389

Michael Dickstein from Properties represented the seller, HOYD Builders Inc, in this transaction.

Players

Michael Dickstein

Broker

$16.4M

vol

5 deals

Broker

Glencoe Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93