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West Ashored LLC Purchases Single Family Home From Tracy B Flanney RET For $12.8M
SOLD
$12,795,000
Massachusetts
See Similar DealsSingle Family5,848 SF
Sold 09/03/2024
SOLD
West Ashored LLC Purchases Single Family Home From Tracy B Flanney RET For $12.8M
62 Wanoma Way
See Similar DealsSingle Family5,848 SF
Sold 09/03/2024
Summary
MASSACHUSETTS
Asset Type:Single Family
Price Per Square Foot:$2,187
Total Square Footage:5,848 SF
Transaction Type:Sale
A single-family home was sold at 62 Wanoma Way in Nantucket, MA. The property encompasses a total of 5,848 square feet and was acquired for $12,795,000, translating to a price per square foot of $2,188.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,795,000
- Buyer: West Ashored LLC
- Seller: Tracy B Flanney RET
- Broker: Chandra Miller - Maury People Sotheby's International Realty
Chandra Miller represented the seller, Tracy B Flanney RET, in this transaction, facilitating the deal between the buyer and seller to complete the sale of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$682,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$45,457.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$60,654.83
Annual Debt Service$727,857.93
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