Eklund Gomes Team Acquires Montauk SFR For Record-Breaking $14M Sale
14 Maple Street
$14,000,000
$1,605/SF
Building Size
8,721 SF
Asset Type
Single Family Residence
Closing
Nov 15, 2022
AI
A non-waterfront single-family residence located at 14 Maple Street in Montauk has been sold for a record-breaking price of $14,000,000. The property spans across 8,721 square feet, resulting in a price per square foot of $1,605.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $14,000,000
- Address: 14 Maple Street, Montauk
- Market: Montauk
The sale was facilitated by the Eklund Gomes Team at Douglas Elliman, represented by Kyle Rosko, Marcy Braun, Fredrick Eklund, John Gomes, and Neal Sroka. This collaborative effort by the team led to the successful completion of the sale. Kyle Rosko, a member of the Eklund Gomes Team, expressed his pride in achieving a record-breaking sale for a non-waterfront property in Montauk.
Players
Montauk Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93