Updated Dec 4, 2024
Compass Broker Wendy Harman Facilitates $4.9M Sale Of Edgartown Multifamily Property
30 Mill Hill Road
$4,995,000
$1,783/SF
Building Size
2,800 SF
Asset Type
MultiFamily
Closing
Oct 12, 2023
About this deal
AI
A multifamily property located at 30 Mill Hill Road in Edgartown, Massachusetts, has been sold for $4,995,000. The property spans across 2,800 square feet and was sold at a price of $1,784 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,995,000
- Address: 30 Mill Hill Road, Edgartown, MA
- Market: Edgartown, MA
The sale of this multifamily property was brokered by Wendy Harman of Compass.
The multifamily sale at 30 Mill Hill Road in Edgartown, Massachusetts sold for $5M in 2023. The building is 2,800 square feet, implying about 1.8K per square foot on the published price. Wendy Harman, Point B Realty appear on the sale alongside Point B Realty. This page is the Edgartown, Massachusetts file for the 30 Mill Hill Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Edgartown sit in the Market section below. Filter that Edgartown multifamily set by closing date to see what else sold near 30 Mill Hill Road around 2023. Published consideration for 30 Mill Hill Road is $5M, dated 2023. Cite this Compass Broker Wendy Harman Facilitates $4.9M Sale Of Edgartown Multifamily Property sale when underwriting similar multifamily product around Edgartown, Massachusetts.
On the Map
$4,995,000
$1,783/SF
MultiFamily
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Players
Edgartown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.18%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93