Updated Sep 5, 2024
Bowe Acquires Edgartown SFR From Zwiener For $6.95M
3 Katama Bay View Road, Edgartown, MA 02539, USA
$6,950,000
$818/SF
Building Size
8,489 SF
Asset Type
Single Family Residence
Closing
Nov 30, 2021
About this deal
AI
A single-family residential property located at 3 Katama Bay View Rd in Edgartown, MA has recently been sold in a closed transaction. The sale took place on November 30, 2021, with the buyer being Bowe and the seller being Zwiener. The property was represented by Jarrett Hurwitz from Keller Williams. The asking price for the property was $7,995,000, and it was eventually sold for $6,950,000. The total square footage of the property is 8,489, resulting in a price per square foot of $819.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $6,950,000
- Address: 3 Katama Bay View Rd, Edgartown, MA
- Market: Edgartown, MA
This transaction involved an impressive single-family residential property in Edgartown, MA. The property's square footage measures 8,489, providing ample space for comfortable living. Located at 3 Katama Bay View Rd, the property boasts a beautiful waterfront view. The market value of this property, considering the sale price of $6,950,000, is a testament to its desirability. Jarrett Hurwitz from Keller Williams represented the property in this transaction, ensuring a smooth and successful sale. Their expertise in the real estate market played a crucial role in connecting the buyer, Bowe, with the seller, Zwiener. This deal exemplifies the importance of having a skilled broker like Jarrett Hurwitz to navigate complex residential transactions.
Edgartown 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
2.28%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93