Updated Dec 21, 2023
Gray Davis Sells SFR In Hudson Valley For $4.1M With Austin Urban - Copake Lake Realty Corp
226 Lake View Road, Wappingers Falls, NY, USA
$4,100,000
$745/SF
Building Size
5,500 SF
Asset Type
Single Family Residence
Closing
Oct 21, 2021
About this deal
AI
A residential property located at 226 Lakeview Road in Hudson Valley has been sold for a record-breaking price of $4,100,000. The property, with a size of 5,500 square feet, was sold by seller Gray Davis. The transaction was facilitated by broker Austin Urban from Copake Lake Realty Corp.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $4,100,000
- Square Footage: 5,500
- Price per Square Foot: $745
- Address: 226 Lakeview Road, Hudson Valley
- Market: Hudson Valley
This sale marks Copake Lake's highest-ever residential transaction. The successful deal was made possible by the expertise of Austin Urban from Copake Lake Realty Corp, who represented the seller, Gray Davis, in this transaction.
Players
Wappingers Falls Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $745 per square foot on a published $4.1M for 5,500 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93