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216 Seventh Ave, West Hyann...

Updated Dec 21, 2023

Gregory Marty Martin And Sarah Lapsley Martin Sell Single Family Home In West Hyannis Port, MA For $1.73M
SOLDSingle Family Residence

Gregory Marty Martin And Sarah Lapsley Martin Sell Single Family Home In West Hyannis Port, MA For $1.73M

216 Seventh Ave, West Hyannisport, Massachusetts, USA

$1,730,000

$736/SF

Building Size

2,348 SF

Asset Type

Single Family Residence

Closing

May 28, 2020

About this deal

AI

A truly one of a kind custom home with panoramic views of Hall's Creek and Nantucket Sound! This single-family property, located at 216 Seventh Ave in West Hyannis Port, MA, offers the Cape Cod Charm of the original windmill combined with modern comforts. The home has been expanded and beautifully updated, providing a unique living experience. It boasts a total area of 2,348 square feet and features stunning panoramic views of Hall's Creek and Nantucket Sound. The property was recently sold by Gregory "Marty" Martin and Sarah Lapsley Martin of Team Martin Lapsley - Kinlin Grover Real Estate. The transaction was represented by Melanie White from Kinln Grover Real Estate.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,730,000
  • Asking Price: $1,895,000
  • Square Footage: 2,348
  • Price per Square Foot: $737

The property was sold for $1,730,000, with an asking price of $1,895,000. It offers a spacious living area of 2,348 square feet, resulting in a price per square foot of $737. The transaction marks the successful collaboration between Gregory "Marty" Martin and Sarah Lapsley Martin, representing Team Martin Lapsley - Kinlin Grover Real Estate, and the buyer's representative, Melanie White of Kinln Grover Real Estate. Both parties worked diligently to ensure a smooth and satisfactory experience for all involved.

It is worth noting that this home is truly exceptional, combining the charm of a windmill with modern updates and providing breathtaking views. Interested individuals can visit TeamMartinLapsley.com or contact 508-331-1404 for more information.

Players

Gregory Martin

Broker

$2.9M

vol

2 deals

Broker

Hyannis Port Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Gregory Marty Martin And Sarah Lapsley Martin bought a home in Hyannis Port for $1.7M in 2020. The full closing is on this page.

About $736 per square foot on a published $1.7M for 2,348 square feet (2020).

Visit Gregory (Marty) Martin to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.17%

Cash-on-Cash

-2.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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