Updated Dec 20, 2023
Douglas Elliman Sells Southampton SFR On Little Plains Rd. For $6M
240 Little Plains Road, Southampton, New York 11968, United States
$6,000,000
$1,200/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Dec 7, 2021
About this deal
AI
A single-family residential property located at 240 Little Plains Rd in Southampton was recently sold for a price of $6,000,000. The property spans 5,000 square feet, resulting in a price per square foot of $1,200.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,000,000
The sale transaction was facilitated by Adam Hofer, Michael Lorber, and Alexander Boriskin of Douglas Elliman, who represented the seller in the deal.
The single family residence sale at 240 Little Plains Road, Southampton, New York 11968, United States in Southampton, New York sold for $6M in 2021. The building is 5,000 square feet, implying about 1.2K per square foot on the published price. Adam Hofer, Alexander Boriskin, Michael Lorber, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the Southampton, New York file for the 240 Little Plains Road, Southampton, New York 11968, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Southampton sit in the Market section below. Filter that Southampton single family residence set by closing date to see what else sold near 240 Little Plains Road, Southampton, New York 11968, United States around 2021. Published consideration for 240 Little Plains Road, Southampton, New York 11968, United States is $6M, dated 2021. Cite this Douglas Elliman Sells Southampton SFR On Little Plains Rd. For $6M sale when underwriting similar single family residence product around Southampton, New York.
On the Map
$6,000,000
$1,200/SF
Single Family Residence
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Players
Southampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $6M for 5,000 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93