Updated Dec 20, 2023
Team Martin Lapsley Acquires Single Family Home In Barnstable, MA For $1.125M
31 Cedar Point Cir, Centerville, Barnstable, Massachusetts, USA
$1,125,000
$429/SF
Building Size
2,618 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2020
About this deal
AI
Located in Barnstable, MA, this single-family home at 31 Cedar Point Cir has recently been sold. The property, overlooking the Centerville River, has undergone a stunning renovation. With a spacious area of 2,618 square feet, this home offers a picturesque view of the surrounding nature. The transaction took place on 06/01/2021, with an asking price of $1,100,000. However, it was eventually sold for $1,125,000, indicating a strong market demand. The price per square foot stands at $430.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $1,125,000
- Address: 31 Cedar Point Cir, Barnstable, MA
- Market: Barnstable, MA
Represented by the seller's team, Gregory "Marty" Martin & Sarah Lapsley Martin from Team Martin Lapsley at Kinlin Grover Real Estate, and on the buyer's side, Joanne Murphy from Sotheby's International Realty played key roles in the successful transaction. For more information, visit TeamMartinLapsley.com or contact Gregory "Marty" Martin & Sarah Lapsley Martin at 508-331-1404.
Players
Centerville Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $429 per square foot on a published $1.1M for 2,618 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93