Berkshire Hathaway HomeServices Acquires Single Family Property In Barnstable, MA For $6.35M
SOLD
$6,350,000
Massachusetts
See Similar DealsMultiFamily8,200 SF
Sold 02/19/2021
SOLD
Berkshire Hathaway HomeServices Acquires Single Family Property In Barnstable, MA For $6.35M
501 Eel River Road, Barnstable, Osterville, Massachusetts, USA
See Similar DealsMultiFamily8,200 SF
Sold 02/19/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$774
Total Square Footage:8,200 SF
Transaction Type:Sale
A single-family property located at 501 Eel River Road in Barnstable, MA was recently sold for a price of $6,350,000. The property spans approximately 8,200 square feet, resulting in a price per square foot of $774. The sale was facilitated by Robert Kinlin of Berkshire Hathaway HomeServices Robert Paul Properties.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $6,350,000
- Address: 501 Eel River Road
- Market: Barnstable, MA
Robert Kinlin, representing Berkshire Hathaway HomeServices Robert Paul Properties, played a key role in the transaction as the broker for the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$338,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,560.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,102.24
Annual Debt Service$361,226.88
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