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54 Lake Dr, Orleans, MA 026...

Updated Dec 21, 2023

Monomoy Properties Group LLC Acquires Single Family Property In Orleans, MA For $2.55M
SOLDSingle Family Residence

Monomoy Properties Group LLC Acquires Single Family Property In Orleans, MA For $2.55M

54 Lake Dr, Orleans, MA 02653, USA

$2,550,000

$457/SF

Building Size

5,571 SF

Asset Type

Single Family Residence

Closing

Nov 11, 2020

About this deal

AI

Located at 54 Lake Drive in Orleans, MA, this single-family property was recently sold in a closed transaction. The property spans 5,571 square feet and was sold for a price of $2,550,000, resulting in a price per square foot of $458.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,550,000
  • Address: 54 Lake Drive, Orleans, MA
  • Market: Orleans, MA

The seller's representative for this transaction was Eric Ehnstrom of Compass Massachusetts, LLC. On the buyer's side, Justin Blair of Monomoy Properties Group LLC represented the buyer's interests.

Players

Eric Ehnstrom

Compass

Broker

$2.6M

vol

1 deal

Broker

Orleans Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $457 per square foot on a published $2.6M for 5,571 square feet (2020).

Visit Compass to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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