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37 Glen Road

Updated Dec 4, 2024

Mott & Chace Sotheby's International Realty Sells 11-Acre Single Family Property In Westport, MA For $3.525M
SOLDSingle Family

Mott & Chace Sotheby's International Realty Sells 11-Acre Single Family Property In Westport, MA For $3.525M

37 Glen Road

$3,525,000

Building Size

Asset Type

Single Family

Closing

Nov 3, 2023

About this deal

AI

Mott & Chace Sotheby's International Realty recently facilitated the sale of 37 Glen Road in Westport, MA. This single-family property spans across 11 acres and was sold for a price of $3,525,000. The transaction stands as the highest sale in the town for the year 2023.

Summary of transaction details:

  • Property Type: Single Family
  • Sale Price: $3,525,000
  • Address: 37 Glen Road, Westport, MA
  • Market: Westport, MA
  • Acres: 11

Liz Kinnane from Mott & Chace Sotheby's International Realty represented the buyer in this sale. Kathy Santos, a representative from Residential Properties, acted on behalf of the seller. The collaboration between these two professionals resulted in the successful completion of the transaction.

Note: This sale marks a significant milestone in the real estate market of Westport, MA, with Mott & Chace Sotheby's International Realty securing the highest sale for the year 2023 in the town.

Players

Liz Kinnane

Sotheby's International Realty

Broker

$8M

vol

2 deals

Broker

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

4.50%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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