Updated Dec 21, 2023
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
About this deal
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.
On the Map
$499,000
$217/SF
Single Family Residence
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Players
Amityville Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $217 per square foot on a published $499K for 2,295 square feet (2021).
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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