Compass Sells Single Family Home In Chatham, MA For $9.25M
SOLD
Massachusetts
See Similar DealsSingle Family Residence6,000 SF
Sold 12/14/2020
SOLD
Compass Sells Single Family Home In Chatham, MA For $9.25M
202 Eastward Road, Chatham, MA, USA
See Similar DealsSingle Family Residence6,000 SF
Sold 12/14/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$1,541
Total Square Footage:6,000 SF
Transaction Type:Sale
A single family property located at 202 Eastward Road in Chatham, MA was recently sold on December 14, 2020. The property spans approximately 6,000 square feet and was sold for a price of $9,250,000, resulting in a price per square foot of $1542.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $9,250,000
- Address: 202 Eastward Road, Chatham, MA
- Market: Chatham, MA
- Seller's Rep: Chris Rhinesmith - Compass
- Buyer's Rep: Nancy Griffin - William Raveis RE & Home Serv.
Chris Rhinesmith from Compass represented the seller in this transaction, while Nancy Griffin from William Raveis RE & Home Serv. represented the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$493,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,863.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,849.72
Annual Debt Service$526,196.63
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