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
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.
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
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93