facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

160 Jule Pond Drive

John Smith Acquires SFR In Southampton For $15 Million With Buyer's Rep Adam Hofer, Michael Lorber & Alexander Boriskin - Douglas Elliman
SOLDSingle Family Residence

John Smith Acquires SFR In Southampton For $15 Million With Buyer's Rep Adam Hofer, Michael Lorber & Alexander Boriskin - Douglas Elliman

160 Jule Pond Drive

$15,000,000

$1,875/SF

Building Size

8,000 SF

Asset Type

Single Family Residence

Closing

Nov 16, 2022

AI

A single-family residential property located at 160 Jule Pond Drive in Southampton has been sold.
The property spans 8,000 square feet and was sold for a price of $15,000,000, resulting in a price per square foot of $1,875.
The transaction took place on November 16, 2022.

Summary of transaction details

The buyer, John Smith, was represented by Adam Hofer, Michael Lorber, and Alexander Boriskin from Douglas Elliman, while the seller, Sarah Jones, was represented by Dawn Petrillo and Pat Petrillo from Sotheby's International Realty.

Players

Michael Lorber

Douglas Elliman

Broker

$262.5M

vol

38 deals

Broker

Southampton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93