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75 Gristmill Lane, Chatham,...

Updated Dec 21, 2023

Compass Brokers Ellen Aldrich & Lori Fanning Smith Sell Chatham, MA Single Family Home For $6.2M
SOLDSingle Family Residence

Compass Brokers Ellen Aldrich & Lori Fanning Smith Sell Chatham, MA Single Family Home For $6.2M

75 Gristmill Lane, Chatham, MA, USA

$6,200,000

$2,874/SF

Building Size

2,157 SF

Asset Type

Single Family Residence

Closing

Feb 4, 2021

About this deal

AI

A single-family property located at 75 Grist Mill Lane in Chatham, MA was recently sold for a total of $6,200,000. The transaction took place on February 5, 2021, and was facilitated by brokers Ellen Aldrich & Lori Fanning Smith from Compass. The property spans 2,157 square feet and was sold at a price per square foot of $2,874.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,200,000
  • Address: 75 Grist Mill Lane, Chatham, MA
  • Market: Chatham, MA
  • Brokers: Ellen Aldrich & Lori Fanning Smith - Compass
  • Square Footage: 2,157
  • Price per Square Foot: $2,874

Ellen Aldrich & Lori Fanning Smith from Compass played a crucial role in representing the buyer and seller in this transaction. They successfully facilitated the sale of this single-family property, ensuring a smooth and efficient process for all parties involved.

Players

Lori Fanning Smith

Compass

Broker

$12M

vol

3 deals

Broker

Chatham Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $2.9K per square foot on a published $6.2M for 2,157 square feet (2021).

Visit Lori Fanning Smith to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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