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3 Katama Bay View Road, Edg...

Updated Sep 5, 2024

Bowe Acquires Edgartown SFR From Zwiener For $6.95M
SOLDSingle Family Residence

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.

Players

Jarrett Hurwitz

Keller Williams Realty

Broker

$80.9M

vol

30 deals

Broker

Edgartown Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $818 per square foot on a published $7M for 8,489 square feet (2021).

Visit Jarrett Hurwitz to view all their deals.

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

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