Updated Dec 20, 2023
Donnelly Co. Sells Multifamily Property In Vineyard Haven, MA For $2.5M
61 Lagoon Pond Road, Vineyard Haven, Massachusetts 02568, United States
$2,500,000
$1,060/SF
Building Size
2,358 SF
Asset Type
MultiFamily
Closing
Feb 1, 2022
About this deal
AI
The multifamily property located at 61 Lagoon Pond Rd in Vineyard Haven, MA has been sold on February 2, 2022. The property spans across 2,358 square feet and was sold for a total price of $2,500,000, resulting in a price per square foot (PPSF) of $1,060.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 61 Lagoon Pond Rd, Vineyard Haven, MA
- Market: Vineyard Haven, MA
The brokerage representation for this transaction was handled by Allison Savva of Donnelly Co.
Players
Vineyard Haven 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93