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Racing Beach Ave, Falmouth,...

Sotheby's International Realty Acquires SFR In Falmouth, MA For $1.4M
SOLDSingle Family Residence

Sotheby's International Realty Acquires SFR In Falmouth, MA For $1.4M

Racing Beach Ave, Falmouth, MA 02540, USA

$1,400,000

$567/SF

Building Size

2,468 SF

Asset Type

Single Family Residence

Closing

Jul 16, 2020

AI

A single-family home located on Racing Beach Ave in Falmouth, MA has recently been sold. The property, spanning 2,468 square feet, was sold for a total price of $1,400,000 at a rate of $567 per square foot.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $1,400,000
  • Address: Racing Beach Ave, Falmouth, MA
  • Market: Falmouth, MA
  • Square Footage: 2,468
  • Seller's Representative: Lynn O'Neill - Robert Paul Properties Inc
  • Buyer's Representative: Kerrie Marzot - Sotheby's International Realty

Lynn O'Neill, representing Robert Paul Properties Inc, acted as the seller's representative in the transaction. Kerrie Marzot, from Sotheby's International Realty, represented the buyer in the deal.

Players

Kerrie Marzot

Sotheby's International Realty

Broker

$21.7M

vol

5 deals

Broker

Falmouth Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93