Dick Cavett Sells Montauk SFR For $23.6M With Chris Coleman - Compass
SOLD
$23,600,000
New York
See Similar DealsSingle Family Residence6,500 SF
Sold 10/18/2021
SOLD
Dick Cavett Sells Montauk SFR For $23.6M With Chris Coleman - Compass
176 Deforest Road, Montauk, New York 11954, United States
See Similar DealsSingle Family Residence6,500 SF
Sold 10/18/2021
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$3,630
Total Square Footage:6,500 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,258,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$83,845.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$111,876.04
Annual Debt Service$1,342,512.48
Is there something missing? Send suggestions