LandVest MV Represents Seller In $13M Edgartown, MA Single Family Home Sale
65 Butler's Cove Road, Edgartown, MA, USA
$13,000,000
$1,300/SF
Building Size
10,000 SF
Asset Type
Single Family Residence
Closing
Dec 29, 2020
AI
A single-family property located at 65 Butlers Cove Road in Edgartown, MA was recently sold for a price of $13,000,000. The property spans over 10,000 square feet and is situated on 9 acres of land. The sale price per square foot was $1,300 and the price per acre was $1,444,444.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $13,000,000
- Address: 65 Butlers Cove Road, Edgartown, MA
- Market: Edgartown, MA
The seller was represented by Gerret C. Conover from LandVest MV, while the buyer was represented by Mark D. Jenkins from Wallace & Co. Sotheby's International Realty.
Players
Edgartown 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93