Jesse Greenstein Of Douglas Elliman Represents Buyer In $1M Sale Of Martha's Vineyard SFR
SOLD
$1,000,000
Massachusetts
See Similar DealsSingle Family Residence1,151 SF
Sold 10/08/2021
SOLD
Jesse Greenstein Of Douglas Elliman Represents Buyer In $1M Sale Of Martha's Vineyard SFR
11 Hammett Lane, Chilmark, MA, USA
See Similar DealsSingle Family Residence1,151 SF
Sold 10/08/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$868
Total Square Footage:1,151 SF
Transaction Type:Sale
A single-family home located at 11 Hammett Lane in Martha's Vineyard has been sold. The property was represented by Deb Hancock, while the buyer's representative was Jesse Greenstein from Douglas Elliman. The transaction took place on 10/08/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,000,000
- Asking Price: $1,050,000
- Square Footage: 1,151
- Price Per Square Foot: $869
Jesse Greenstein, representing the buyer, played a significant role in the sale. Being a broker from Douglas Elliman, he ensured the successful completion of the transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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