Updated Dec 21, 2023
Leonard Lopate Sells Pawling SFR On Ravine Rd. For $725K With Broker Andrew Gates - Houlihan Lawrence
20 Ravine Rd, Pawling, NY, USA
$725,000
$270/SF
Building Size
2,676 SF
Asset Type
Single Family Residence
Closing
Aug 18, 2021
About this deal
AI
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.
On the Map
$725,000
$270/SF
Single Family Residence
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Players
Pawling Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $270 per square foot on a published $725K for 2,676 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
21.88%
Cash-on-Cash
-6.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93