Richard Nassimi & Daniela DeGrazia Of Douglas Elliman Arrange Lease For SFR In East Hampton
27 Rivers Road
$150,000
$150,000/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2024
AI
The property involved in this lease transaction is a single-family residence located at 27 Rivers Road in East Hampton. The asset has a square footage of 5,000 and is being leased at a rate of $240 per square foot. This is categorized as a Single Net Lease.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: 240/ft
- Square Footage: 5,000
- Address: 27 Rivers Road
- Market: East Hampton
- Lease Type: Single Net Lease
- Brokers: Richard Nassimi & Daniela DeGrazia (Daniela609) - Douglas Elliman The Nassimi Team
- Note: OFF Market Deal
The key individuals involved in the transaction are Richard Nassimi and Daniela DeGrazia, both of whom are representatives from Douglas Elliman, specifically from The Nassimi Team. Their roles contributed to facilitating this off-market deal.
Players
East Hampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
105.75%
Cash-on-Cash
-30.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93