Compass Sells Chatham, MA Single Family Home For $5.85M
SOLD
$5,850,000
Massachusetts
See Similar DealsSingle Family Residence47,350 SF
Sold 07/29/2020
SOLD
Compass Sells Chatham, MA Single Family Home For $5.85M
246 Stage Island Rd, Chatham, MA 02633, USA
See Similar DealsSingle Family Residence47,350 SF
Sold 07/29/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$123
Total Square Footage:47,350 SF
Transaction Type:Sale
The single-family property located at 246 Stage Island Rd, Chatham, MA recently sold for $5,850,000. The property spans across 4,735 square feet and was listed at an average price per square foot of $1,235.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,850,000
- Market: Chatham, MA
- Broker: Chris Rhinesmith – Compass
The transaction was facilitated by Chris Rhinesmith from Compass, representing the buyer and/or seller in the deal.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$312,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,783.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,731.98
Annual Debt Service$332,783.81
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