Updated Sep 5, 2024
Risi Acquires 6,971 SF SFR In Edgartown, MA For $7.4M With Broker Jarrett Hurwitz - Keller Williams
11 Motick Trail, Edgartown, MA 02539
$7,400,000
$1,061/SF
Building Size
6,971 SF
Asset Type
Single Family Residence
Closing
Oct 1, 2021
About this deal
AI
The recently closed property transaction in Edgartown, MA involved the sale of a single-family residence located at 11 Motick Trail. The property, captured in an image by Jarrett Hurwitz, was purchased by Risi.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,400,000
- Asking Price: $7,495,000
- Square Footage: 6,971 SF
- Price per Square Foot: $1,061
- Broker: Jarrett Hurwitz - Keller Williams
Jarrett Hurwitz from Keller Williams represented the buyer, Risi, in this transaction.
The single family residence sale at 11 Motick Trail, Edgartown, MA 02539 in Edgartown, Massachusetts sold for $7.4M in 2021. The building is 6,971 square feet, implying about 1.1K per square foot on the published price. Jarrett Hurwitz, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Edgartown, Massachusetts file for the 11 Motick Trail, Edgartown, MA 02539 single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Edgartown sit in the Market section below. Filter that Edgartown single family residence set by closing date to see what else sold near 11 Motick Trail, Edgartown, MA 02539 around 2021. Published consideration for 11 Motick Trail, Edgartown, MA 02539 is $7.4M, dated 2021. Cite this Risi Acquires 6,971 SF SFR In Edgartown, MA For $7.4M With Broker Jarrett Hurwitz - Keller Williams sale when underwriting similar single family residence product around Edgartown, Massachusetts.
Edgartown Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93