Updated Dec 21, 2023
Island Real Estate Sells Multifamily Property In Oak Bluffs, MA For $5.5M
348 Seaview Avenue, Oak Bluffs, MA, USA
$5,500,000
$2,729/SF
Building Size
2,015 SF
Asset Type
MultiFamily
Closing
Dec 1, 2021
About this deal
AI
The multifamily property located at 348 Sea View Ave in Oak Bluffs, MA has been sold. The sale took place on 12/1/2021 for a price of $5,500,000. The property has a total square footage of 2,015, resulting in a price per square foot of $2,730.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Address: 348 Sea View Ave, Oak Bluffs, MA
- Market: Oak Bluffs, MA
- Square Footage: 2,015
- Price per Square Foot: $2,730
The sale was facilitated by Michele Moore from Island Real Estate.
Players
Edgartown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Michele Moore to view all their deals.
Browse Edgartown multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93