Updated Dec 4, 2024
Meg Beers Of Compass Represents Buyers In $2.605 Million Sale Of Westport Single Family Home
246 River Road
$2,605,000
Building Size
—
Asset Type
Single Family
Closing
Aug 16, 2024
About this deal
AI
246 River Road is a single-family property located in Westport, MA, which recently sold for $2,605,000. This transaction indicates a significant market value for the area and highlights a prominent sale within the current year.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,605,000
- Buyer’s Representative: Meg Beers - Compass
- Seller’s Representative: Cherry Arnold - Sotheby's International Realty
This sale was notable as it marked the highest sale in Westport for the year 2024. Cherry Arnold represented the sellers, while Meg Beers represented the buyers in this transaction, showcasing professional involvement from reputable agencies.
Players
Westport Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.09%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93