Dylan Eckardt Of Nest Seekers Sells Montauk SFR For $1.6M
SOLD
$1,600,000
New York
See Similar DealsSingle Family Residence29,000 SF
Sold 09/01/2020
SOLD
Dylan Eckardt Of Nest Seekers Sells Montauk SFR For $1.6M
10 Kettle Hole Rd, Montauk, NY 11954, USA
See Similar DealsSingle Family Residence29,000 SF
Sold 09/01/2020
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$55
Total Square Footage:29,000 SF
Transaction Type:Sale
The recently closed property transaction in Montauk involved a single-family home located at 10 Kettle Hole Rd. The property spans 2,900 square feet and was sold for a price of $1,600,000, resulting in a price per square foot of $551. Dylan Eckardt from Nest Seekers represented the deal as the broker.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $1,600,000
- Address: 10 Kettle Hole Rd
- Market: Montauk
- Square Footage: 2,900
- Price Per Square Foot: $551
- Broker: Dylan Eckardt - Nest Seekers
Dylan Eckardt from Nest Seekers played a crucial role as the broker in this transaction, facilitating the deal between the buyer and the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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