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Leonard Lopate Sells Pawling SFR On Ravine Rd. For $725K With Broker Andrew Gates - Houlihan Lawrence

Property Image
SOLD
$725,000

New York

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Single Family Residence2,676 SF
Sold 08/19/2021
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Property Image
SOLD

Leonard Lopate Sells Pawling SFR On Ravine Rd. For $725K With Broker Andrew Gates - Houlihan Lawrence

20 Ravine Rd, Pawling, NY, USA

See Similar Deals
Single Family Residence2,676 SF
Sold 08/19/2021
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$270
Total Square Footage:2,676 SF
Transaction Type:Sale

Located at 20 Ravine Rd in Pawling, this single-family residential property was recently sold for a total price of $725,000. Spanning across 2,676 square feet, the property offers ample space for its new owners. With a price per square foot of $270, it presents a great opportunity for buyers seeking a comfortable home in Pawling's real estate market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $725,000
  • Square Footage: 2,676
  • Price per Square Foot: $270
  • Address: 20 Ravine Rd
  • Market: Pawling
  • Zoning: CD
  • Seller: Leonard Lopate & Melanie Baker
  • Broker: Andrew Gates - Houlihan Lawrence

In this transaction, the property was represented by Andrew Gates from Houlihan Lawrence. Gates acted as the broker facilitating the deal between the sellers, Leonard Lopate and Melanie Baker, and the buyer. With their expertise, the transaction was successfully closed, allowing the buyers to acquire this desirable property.

Players

Andrew Gates
1 deal$725K volume
BROKER

Details

SOLD
IMAGE: Leonard Lopate DATE: 08/19/2021 ADDRESS: 20 Ravine Rd. MARKET: Pawling ASSET TYPE: SFR ~ ZONING: CD SELLER: Leonard Lopate & Melanie Baker BROKER: Andrew Gates - Houlihan Lawrence SALE PRICE: $725,000 SF: 2,676 ~ PPSF: $270

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$38,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$2,575.77
Cash-on-Cash Return-1.27%
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