Updated Dec 19, 2023
Dick Cavett Sells Montauk SFR For $23.6M With Chris Coleman - Compass
176 Deforest Road, Montauk, New York 11954, United States
$23,600,000
$3,630/SF
Building Size
6,500 SF
Asset Type
Single Family Residence
Closing
Oct 17, 2021
About this deal
AI
Dick Cavett sold his single-family residence located at 176 Deforest Road in Montauk for a transaction price of $23,600,000. The property spans 19.8 acres and features a total area of 6,500 square feet, resulting in a price per square foot of $3,630.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $23,600,000
- Address: 176 Deforest Road, Montauk
- Market: Montauk
- Asset Type: SFR
- Acres: 19.8
Chris Coleman from Compass acted as the broker representing Dick Cavett in this transaction.
The single family residence sale at 176 Deforest Road, Montauk, New York 11954, United States in Montauk, New York sold for $23.6M in 2021. The building is 6,500 square feet, implying about 3.6K per square foot on the published price. Chris Coleman, Compass appear on the sale alongside Compass. This page is the Montauk, New York file for the 176 Deforest Road, Montauk, New York 11954, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Montauk sit in the Market section below. Filter that Montauk single family residence set by closing date to see what else sold near 176 Deforest Road, Montauk, New York 11954, United States around 2021. Published consideration for 176 Deforest Road, Montauk, New York 11954, United States is $23.6M, dated 2021. Cite this Dick Cavett Sells Montauk SFR For $23.6M With Chris Coleman - Compass sale when underwriting similar single family residence product around Montauk, New York.
Players
Montauk Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.6K per square foot on a published $23.6M for 6,500 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93