Updated Sep 9, 2024
Record-Breaking Sale Of Single Family Home In Nantucket, MA For $38.1M
21 Berkeley Ave Nantucket, MA 02554, USA
$38,127,000
$2,486/SF
Building Size
15,332 SF
Asset Type
Single Family
Closing
Jun 30, 2023
About this deal
AI
A single-family property located at 21 Berkeley Avenue in Nantucket, MA, was sold for a record-breaking price of $38,127,000. Spanning 15,332 square feet, the home achieved a price per square foot of $2,487.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $38,127,000
- SF: 15,332
- PPSF: $2,487
- Address: 21 Berkeley Avenue, Nantucket, MA
- Market: Nantucket, MA
The sale of 21 Berkeley Avenue was facilitated by Marybeth Gilmartin from Compass. She represented the seller and successfully closed the deal for this exceptional property.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93