Sotheby's International Realty Acquires SFR In Falmouth, MA For $1.4M
SOLD
$1,400,000
Massachusetts
See Similar DealsSingle Family Residence2,468 SF
Sold 07/17/2020
SOLD
Sotheby's International Realty Acquires SFR In Falmouth, MA For $1.4M
Racing Beach Ave, Falmouth, MA 02540, USA
See Similar DealsSingle Family Residence2,468 SF
Sold 07/17/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$567
Total Square Footage:2,468 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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