Andrew Mcelhinney's Wallace & Co. Sotheby’s International Realty Sells Chilmark, MA Single Family Home For $6.6M
277 North Road, Chilmark, MA, USA
$6,600,000
$2,264/SF
Building Size
2,914 SF
Asset Type
Single Family Residence
Closing
Nov 29, 2020
AI
Located at 277 North Road in Chilmark, MA, this single-family home was recently sold for $6,600,000. The property spans approximately 2,914 square feet, resulting in a price per square foot of $2,265. Situated on a vast 58.1-acre lot, the price per acre equates to $113,597.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,600,000
- Address: 277 North Road, Chilmark, MA
- Market: Chilmark, MA
- Asset Type: Single Family
The sale of this property was represented by Andrew Mcelhinney from Wallace & Co. Sotheby’s International Realty.
Players
Chilmark Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93