Jim Houghton's Jordan Real Estate Sells Single Family Property On Nantucket For $5.1M
33 Madaket Road, Nantucket, MA, USA
$5,122,500
$1,024/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Dec 13, 2020
AI
Located in Nantucket, MA, the single-family property at 33 Madaket Road recently changed hands in a closed sale transaction. The sale took place on December 14, 2020.
Summary of transaction details:
- Property Type: Single Family
- Sale Price: $5,122,500
- Square Footage: 5,000
- Price per Square Foot: $1,025
- Market: Nantucket, MA
The transaction was facilitated by Jim Houghton from Jordan Real Estate. Acting as the broker, Jim Houghton played a crucial role in the successful sale of the property at 33 Madaket Road.
Players
Nantucket Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.10%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93