facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Single Family Residence

/

Sale

/

21 Brewster Road, Nantucket...

William Raveis RE & Home Serv. Represents Buyer In $7.5M Nantucket Single Family Sale
SOLDSingle Family Residence

William Raveis RE & Home Serv. Represents Buyer In $7.5M Nantucket Single Family Sale

21 Brewster Road, Nantucket, MA, USA

$7,500,000

$876/SF

Building Size

8,557 SF

Asset Type

Single Family Residence

Closing

Dec 3, 2020

AI

The single-family property located at 21 Brewster Road in Nantucket, MA was recently sold for a price of $7,500,000. This spacious property spans 8,557 square feet, resulting in a price per square foot of $876. The sale took place on December 4, 2020.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $7,500,000
  • Address: 21 Brewster Road, Nantucket, MA
  • Square Footage: 8,557
  • Price per Square Foot: $876
  • Market: Nantucket, MA
  • Buyer's Representative: Mark Madigan - William Raveis RE & Home Serv.
  • Seller's Representatives: Brian Sullivan & Sarah Holmes - Fisher Real Estate

The buyer in this transaction was represented by Mark Madigan from William Raveis RE & Home Serv. On the other hand, Brian Sullivan and Sarah Holmes from Fisher Real Estate represented the sellers. This successful sale reflects the attractiveness and demand for high-end properties in Nantucket.

Players

Brian Sullivan

Fisher Real Estate

Broker

$31.3M

vol

7 deals

Broker

Nantucket Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93