Updated Sep 5, 2024
Lunin Acquires Single Family Property In Edgartown, MA For $1.45M
8 Herring Creek Road, Edgartown, MA, USA
$1,450,000
$571/SF
Building Size
2,538 SF
Asset Type
Single Family Residence
Closing
Nov 29, 2020
About this deal
AI
The single-family property located at 8 Herring Creek Road in Edgartown, MA was recently sold in a closed transaction. The property features a total square footage of 2,538 and was listed for an asking price of $1,549,000. The buyer, Lunin, acquired the property for a sale price of $1,450,000, resulting in a price per square foot of $571.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,450,000
- Address: 8 Herring Creek Road, Edgartown, MA
- Market: Edgartown, MA
- Seller: Fenske
- Buyer: Lunin
- Broker: Jarrett Hurwitz
- Asking Price: $1,549,000
- Square Footage: 2,538
- Price per Square Foot: $571
Jarrett Hurwitz represented both the seller, Fenske, and the buyer, Lunin, in this transaction.
Edgartown Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93