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18 Paddock Road, Oak Bluffs...

18 Paddock Road In Oak Bluffs, MA Sells For $2.3M - Andrew McElhinney - Wallace & Co. Sotheby’s International Realty Exclusive
SOLDSingle Family Residence

18 Paddock Road In Oak Bluffs, MA Sells For $2.3M - Andrew McElhinney - Wallace & Co. Sotheby’s International Realty Exclusive

18 Paddock Road, Oak Bluffs, Vineyard Haven, MA, USA

$2,300,000

$531/SF

Building Size

4,329 SF

Asset Type

Single Family Residence

Closing

Dec 10, 2020

AI

The single-family home located at 18 Paddock Road in Oak Bluffs, MA has recently been sold. The transaction took place on 12/11/2020 with a sale price of $2,300,000. The property spans over 4,329 square feet, resulting in a price per square foot of $531. The sale was facilitated by Andrew McElhinney of Wallace & Co. Sotheby’s International Realty Exclusive.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,300,000
  • Address: 18 Paddock Road, Oak Bluffs, MA
  • Market: Oak Bluffs, MA
  • Broker: Andrew McElhinney - Wallace & Co. Sotheby’s International Realty Exclusive
  • Square Footage: 4,329
  • Price Per Square Foot: $531

This real estate transaction highlights the successful collaboration between the seller, buyer, and the broker representing the buyer. The expertise of Andrew McElhinney from Wallace & Co. Sotheby’s International Realty Exclusive played a crucial role in facilitating the purchase of this property.

Players

Andrew McElhinney

Compass

Broker

$12.4M

vol

4 deals

Broker

Oak Bluffs 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93