facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

23 Hayes Rd, Amityville, NY...

Wilson Tooma Acquires SFR In Long Island From Victor Kasparian For $499,000
SOLDSingle Family Residence

Wilson Tooma Acquires SFR In Long Island From Victor Kasparian For $499,000

23 Hayes Rd, Amityville, NY, USA

$499,000

$217/SF

Building Size

2,295 SF

Asset Type

Single Family Residence

Closing

May 24, 2021

AI

A waterfront property in Long Island has been sold for $499,000. The property, located at 23 & 24 Hayes Rd., is a single-family home with a size of 2,295 square feet. It was purchased by builder/investor Wilson Tooma, represented by Matt Levy. The seller of the property is Victor Kasparian. The transaction took place on May 25, 2021. The asking price for the property was $525,000, and it was appraised at $679,000.

Summary of transaction details

  • Property Type: Single Family Home
  • Transaction Amount: $499,000
  • Address: 23 & 24 Hayes Rd., Long Island
  • Square Footage: 2,295
  • Market: Long Island
  • Buyer: Wilson Tooma
  • Seller: Victor Kasparian
  • Brokers: Matt Levy & Janet A. Elliott

This sale was facilitated by Matt Levy and Janet A. Elliott. The ranch-style home is situated on a 14,000 square foot waterfront property, comprising three lots. The property was sold at a price of $499,000, below the asking price of $525,000. The sale price represents a market value discount, as the property was appraised at $679,000. The buyer, Wilson Tooma, was represented by Matt Levy in the transaction.

Players

Mattan Levy

Broker

$3M

vol

4 deals

Broker

Amityville Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

31.79%

Cash-on-Cash

-9.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93