Jordan Real Estate Acquires Single Family Home On Baxter Road In Nantucket, MA For $6.85M
SOLD
$6,850,000
Massachusetts
See Similar DealsSingle Family Residence5,000 SF
Sold
SOLD
Jordan Real Estate Acquires Single Family Home On Baxter Road In Nantucket, MA For $6.85M
36 Baxter Road, Nantucket, MA, USA
See Similar DealsSingle Family Residence5,000 SF
Sold
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$1370
Total Square Footage:5000 SF
Transaction Type:Sale
A single family property located at 36 Baxter Road in Nantucket, MA was recently sold for a sale price of $6,850,000. The property boasts a spacious interior with approximately 5,000 square feet of living space. With a price per square foot of $1,370, this home offers a combination of luxury and comfort.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,850,000
- Address: 36 Baxter Road, Nantucket, MA
- Market: Nantucket, MA
The seller was represented by Jen Shalley from Fisher Real Estate, while Jim Houghton from Jordan Real Estate acted as the buyer's representative. These experienced professionals played a crucial role in facilitating the successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$365,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,336.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,472.49
Annual Debt Service$389,669.94
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