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
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.
Players
Southampton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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