Compass Brokers Sell Cohasset Single Family Home For $6.6M
SOLD
Massachusetts
See Similar DealsSingle Family Residence62,280 SF
Sold 07/27/2020
SOLD
Compass Brokers Sell Cohasset Single Family Home For $6.6M
131 Atlantic Ave, Cohasset, MA 02025, USA
See Similar DealsSingle Family Residence62,280 SF
Sold 07/27/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$106
Total Square Footage:62,280 SF
Transaction Type:Sale
A single-family property located at 131 Atlantic Avenue in Cohasset, MA has been sold for a price of $6,600,000. The property spans over an area of 6,228 square feet, resulting in a price per square foot of $1060.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,600,000
- Address: 131 Atlantic Avenue, Cohasset, MA
- Market: Cohasset, MA
- Real Estate Brokers: Brian Dougherty & Bill Good – Compass
The transaction was facilitated by Brian Dougherty and Bill Good from Compass.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$352,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,448.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,287.37
Annual Debt Service$375,448.41
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