Kinlin Grover Real Estate Represents Buyer In $6.5M Sale Of Barnstable Single Family Home
SOLD
Massachusetts
See Similar DealsSingle Family Residence4,938 SF
Sold 10/15/2020
SOLD
Kinlin Grover Real Estate Represents Buyer In $6.5M Sale Of Barnstable Single Family Home
71 Sand Point,Barnstable, MA
See Similar DealsSingle Family Residence4,938 SF
Sold 10/15/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$1,315
Total Square Footage:4,938 SF
Transaction Type:Sale
Located in Barnstable, MA, the single-family property at 71 Sand Point has been sold for $6,495,000. This spacious property spans 4,938 square feet, resulting in a price per square foot of $1,315.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $6,495,000
- Address: 71 Sand Point
- Market: Barnstable, MA
- Seller's Rep: Paul Grover – Robert Paul Properties, Inc
- Buyer's Rep: Chuck Tuttle – Kinlin Grover Real Estate
- Square Footage: 4,938
- Price Per Square Foot: $1,315
Represented by Paul Grover from Robert Paul Properties, Inc, the seller successfully closed the deal with the assistance of Chuck Tuttle from Kinlin Grover Real Estate as the buyer's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,075.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,789.61
Annual Debt Service$369,475.36
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