Lamacchia Realty Acquires Single Family Home On Easton Street In Nantucket For $6.5M
SOLD
$6,500,000
Massachusetts
See Similar DealsSingle Family Residence2,688 SF
Sold 02/17/2021
SOLD
Lamacchia Realty Acquires Single Family Home On Easton Street In Nantucket For $6.5M
46 Easton Street, Nantucket, MA, USA
See Similar DealsSingle Family Residence2,688 SF
Sold 02/17/2021
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$2,418
Total Square Footage:2,688 SF
Transaction Type:Sale
A single-family home located at 46 Easton Street in Nantucket, MA, was recently sold for $6,500,000. The property spans 2,688 square feet and was sold at a price per square foot of $2,418.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Address: 46 Easton Street
- Market: Nantucket, MA
- Broker: William McGowan - Lamacchia Realty, Inc.
The sale was facilitated by William McGowan of Lamacchia Realty, Inc. The transaction took place on February 17, 2021. The property offers a total of 2,688 square feet of living space and is located in the sought-after market of Nantucket, MA.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
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