$5.7M Sale Of 4,608 SF Single Family Home At 76 Polpis Road, Nantucket, MA With Brokers Brian Sullivan & Daniel Lynch - Fisher Real Estate
SOLD
Massachusetts
See Similar DealsSingle Family Residence46,080 SF
Sold 09/22/2020
SOLD
$5.7M Sale Of 4,608 SF Single Family Home At 76 Polpis Road, Nantucket, MA With Brokers Brian Sullivan & Daniel Lynch - Fisher Real Estate
76 Polpis Rd, Nantucket, MA 02554, USA
See Similar DealsSingle Family Residence46,080 SF
Sold 09/22/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$124
Total Square Footage:46,080 SF
Transaction Type:Sale
The Single Family property located at 76 Polpis Road in Nantucket, MA was recently sold for a price of $5,725,000. The property features a total square footage of 4,608, resulting in a price per square foot of $1,242. This transaction was facilitated by Brian Sullivan and Daniel Lynch of Fisher Real Estate.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,725,000
- Square Footage: 4,608
- Price per Square Foot: $1,242
- Address: 76 Polpis Road, Nantucket, MA
- Market: Nantucket, MA
Brian Sullivan and Daniel Lynch, representing Fisher Real Estate, played a crucial role in this successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$305,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,339.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,139.42
Annual Debt Service$325,673.05
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