Edgartown Multifamily Sold For $1.675M With Buyer's Rep Mark D. Jenkins - Wallace & Co. Sotheby's International Realty
9 Sutton Court, Edgartown, Massachusetts 02539, United States
$1,675,000
$589/SF
Building Size
2,841 SF
Asset Type
MultiFamily
Closing
Jan 13, 2022
AI
A multifamily property located at 9 Sutton Way in Edgartown, MA has been sold for a price of $1,675,000. The property spans 2,841 square feet, resulting in a price per square foot of $590.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,675,000
- Address: 9 Sutton Way, Edgartown, MA
- Market: Edgartown, MA
The buyer's representative in this transaction was Mark D. Jenkins from Wallace & Co. Sotheby's International Realty. Representing the seller was Bonnie Pierce, also from Wallace & Co. Sotheby's International Realty.
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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93