Diane Sawyer Sells Martha's Vineyard Compound To David Malm For $23.9M
$23,900,000
$2,933/SF
Building Size
8,147 SF
Asset Type
MultiFamily
Closing
Nov 8, 2023
AI
Diane Sawyer has sold her Martha's Vineyard compound, known as "Chip Chop," for $23.9 million, nearly reaching the $24 million asking price. The single-family property is located in Vineyard Haven, MA and spans 8,147 square feet. The sale price equates to a price per square foot of $2,934.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $23,900,000
- Market: Vineyard Haven, MA
- Buyer: David Malm
- Seller: Diane Sawyer
- Brokers: Mark D. Jenkins & Thomas Wallace - Wallace & Co. Sotheby's International Realty
The buyer of "Chip Chop" is David Malm, while Diane Sawyer served as the seller. The transaction was facilitated by brokers Mark D. Jenkins and Thomas Wallace from Wallace & Co. Sotheby's International Realty.
Players
Market 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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93