$5M Single Family Home Sold On Cliff Road In Nantucket By Fisher Real Estate
SOLD
$5,000,000
Massachusetts
See Similar DealsSingle Family Residence54,000 SF
Sold 09/18/2020
SOLD
$5M Single Family Home Sold On Cliff Road In Nantucket By Fisher Real Estate
154 Cliff Rd, Nantucket, MA 02554, USA
See Similar DealsSingle Family Residence54,000 SF
Sold 09/18/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$92
Total Square Footage:54,000 SF
Transaction Type:Sale
The single-family property located at 154 Cliff Road in Nantucket, MA has been sold for a price of $5,000,000. The property spans across 5,400 square feet, resulting in a price per square foot of $926. The transaction was facilitated by Erin Wilson, Brian Sullivan, and Cameron Gammill from Fisher Real Estate.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Address: 154 Cliff Road
- Market: Nantucket, MA
The sale of this property marks a significant real estate transaction in the Nantucket area. Erin Wilson, Brian Sullivan, and Cameron Gammill, representing Fisher Real Estate, played a crucial role in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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