Sotheby's International Realty Sells Single Family Property For $7.25M In Barnstable, MA
SOLD
$7,250,000
Massachusetts
See Similar DealsSingle Family Residence6,507 SF
Sold 09/22/2020
SOLD
Sotheby's International Realty Sells Single Family Property For $7.25M In Barnstable, MA
979 Sea View Avenue, Barnstable MA
See Similar DealsSingle Family Residence6,507 SF
Sold 09/22/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$1,114
Total Square Footage:6,507 SF
Transaction Type:Sale
The single-family property located at 979 Sea View Avenue in Barnstable, MA has been sold for $7,250,000. The property spans 6,507 square feet, resulting in a price per square foot of $1,114. The transaction took place on September 22, 2020.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,250,000
- Address: 979 Sea View Avenue, Barnstable, MA
- Market: Barnstable, MA
- Broker: Peggy Rowland – Sotheby’s International Realty
- SF: 6,507
- PPSF: $1,114
Peggy Rowland, from Sotheby's International Realty, represented the parties involved in this successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$386,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,757.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,368.70
Annual Debt Service$412,424.39
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