Updated Dec 21, 2023
Frank Sullivan Real Estate Acquires Residential Property In Barnstable, MA For $3.75M
299 Eel River Road, Barnstable, Osterville, Massachusetts, USA
$3,750,000
$81/SF
Building Size
46,173 SF
Asset Type
Co-Op
Closing
Nov 5, 2021
About this deal
AI
Located in Barnstable, MA, a residential property on 299 Eel River Rd has recently been sold for a price of $3,750,000. The property sits on a spacious lot of 1.06 acres, providing ample space for the new owner to enjoy.
Summary of transaction details
- Property Type: Residential
- Transaction Amount: $3,750,000
- Address: 299 Eel River Rd
- Market: Barnstable, MA
- Acres: 1.06
The deal was facilitated by Jack Cotton of Sotheby's International Realty, who represented the seller in the transaction. On the buyer's side, John Hopkins of Frank Sullivan Real Estate, LLC acted as the buyer's representative. Together, they ensured a smooth transaction for both parties.
On the Map
$3,750,000
$81/SF
Co-Op
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Players
Osterville Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $81 per square foot on a published $3.8M for 46,173 square feet (2021).
Visit Jack "John" Cotton to view all their deals.
Browse Massachusetts co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93