Compass Broker Chris Rhinesmith Facilitates $9.85M Sale Of Chatham Single Family Home
SOLD
$9,850,000
Massachusetts
See Similar DealsSingle Family Residence5,299 SF
Sold 03/19/2021
SOLD
Compass Broker Chris Rhinesmith Facilitates $9.85M Sale Of Chatham Single Family Home
230 Cedar Street, Chatham, Massachusetts, USA
See Similar DealsSingle Family Residence5,299 SF
Sold 03/19/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$1,858
Total Square Footage:5,299 SF
Transaction Type:Sale
A single-family property located at 230 Cedar Street in Chatham, MA recently changed hands in a sale transaction. The deal was facilitated by Chris Rhinesmith from Compass.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,850,000
- Address: 230 Cedar Street, Chatham, MA
- Market: Chatham, MA
- Broker: Chris Rhinesmith - Compass
- Square Footage: 5,299
- Price per Square Foot: $1,859
The property spans a total of 5,299 square feet and was sold for a price of $9,850,000, resulting in a price per square foot of $1,859. Chris Rhinesmith from Compass played a crucial role in facilitating this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$525,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,994.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,694.03
Annual Debt Service$560,328.30
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