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51 Madequecham Valley Road,...

Compass Brokers Sell Nantucket Single Family Home For $2.3M
SOLDSingle Family Residence

Compass Brokers Sell Nantucket Single Family Home For $2.3M

51 Madequecham Valley Road, Nantucket, MA 02554

$2,300,000

$1,235/SF

Building Size

1,862 SF

Asset Type

Single Family Residence

Closing

Oct 26, 2020

AI

A single family property located at 51 Madequecham Valley Road in Nantucket, MA has been sold for $2,300,000. The property spans 1,862 square feet, resulting in a price per square foot of $1,235. This transaction took place on October 27, 2020.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $2,300,000
  • Address: 51 Madequecham Valley Road, Nantucket, MA
  • Market: Nantucket, MA
  • Brokers: Allison Mazer & Graeden Ambrose - Compass

Allison Mazer and Graeden Ambrose from Compass represented the parties involved in this transaction as brokers. This sale showcases the value of the property in the Nantucket, MA market, with a desirable price point of $1,235 per square foot.

Players

Allison Mazer

Compass

Broker

$48.6M

vol

5 deals

Broker

Nantucket Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93