Updated Feb 16, 2024
Urban Standard Capital Lends $3.7M To Peter Cardel For Southampton SFR On Toylsome Lane
129 Toylsome Ln, Southampton, NY 11968, USA
$3,700,000
$1,143/SF
Building Size
3,235 SF
Asset Type
Single Family Residence
Closing
May 26, 2020
About this deal
AI
A single-family residence located at 129 Toylsome Lane in Southampton has been involved in a recent transaction. The property, spanning 3,235 square feet, was the subject of a loan.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $3,700,000
- Address: 129 Toylsome Lane, Southampton
- Market: Southampton
Urban Standard Capital served as the lender for this loan transaction. The landlord of the property is Peter Cardel. Eric Gleitman from Mercury Capital Markets acted as the broker representing the parties involved in the deal.
Players
Southampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93