Updated Oct 28, 2024
Lobster Coop Acquires SFR In West Tisbury, MA For $7.25M
98 Watcha Club Road, Tisbury, Massachusetts 02568, United States
$7,250,000
$2,210/SF
Building Size
3,280 SF
Asset Type
Single Family Residence
Closing
May 31, 2021
About this deal
AI
A single-family residential property located at 98 & 100 Watcha Club Rd in West Tisbury, MA, has been sold. The transaction took place on June 1, 2021, and was facilitated by Jarrett Hurwitz from Keller Williams acting as the broker. The property was acquired by Lobster Coop from the seller, Sarah Gray Rakovshik. The sale price for the property was $7,250,000. The property spans approximately 3,280 square feet, resulting in a price per square foot of $2,210.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,250,000
- Address: 98 & 100 Watcha Club Rd, West Tisbury, MA
- Market: West Tisbury, MA
Additional details about the individuals involved in the transaction include the buyer, Lobster Coop, and the seller, Sarah Gray Rakovshik. Jarrett Hurwitz from Keller Williams represented the buyer in the deal as their broker.
Vineyard Haven Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.2K per square foot on a published $7.3M for 3,280 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93