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Meg Beers Of Compass Represents Buyers In $2.605 Million Sale Of Westport Single Family Home
SOLD
$2,605,000
Massachusetts
See Similar DealsSingle Family
Sold 08/16/2024
SOLD
Meg Beers Of Compass Represents Buyers In $2.605 Million Sale Of Westport Single Family Home
246 River Road
See Similar DealsSingle Family
Sold 08/16/2024
Summary
MASSACHUSETTS
Asset Type:Single Family
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,255.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,349.03
Annual Debt Service$148,188.35
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