Updated Oct 29, 2024
Douglas Elliman Sells Southampton Village SFR For $7.6M
1 Wooley Street
$7,622,500
$1,088/SF
Building Size
7,000 SF
Asset Type
MultiFamily
Closing
Jan 25, 2022
About this deal
AI
The recently closed property transaction in Southampton Village involved a single-family residential property located at 1 Wooley Street. This spacious property spans approximately 7,000 square feet and boasts a price per square foot of $1,089. The property was sold for a total sale price of $7,622,500.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $7,622,500
- Address: 1 Wooley Street
- Market: Southampton Village
- BROKERS: Thomas Cavallo, Meka Brown & Alexandra Toscano - Douglas Elliman
The deal was facilitated by the team of brokers at Douglas Elliman, including Thomas Cavallo, Meka Brown, and Alexandra Toscano. These experienced professionals played a crucial role in the successful completion of the transaction.
Players
Fall River MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $7.6M for 7,000 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.08%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93