Updated Dec 19, 2023
Jason & Claire Capello Sell Water Mill SFR For $38M
260 Jobs Lane, Water Mill, New York 11976, United States
$38,000,000
$4,000/SF
Building Size
9,500 SF
Asset Type
Single Family Residence
Closing
Dec 16, 2021
About this deal
AI
The property located at 260 Jobs Ln. in Water Mill has been sold in a closed transaction. This single-family residential property sits on approximately 4.8 acres of land. The sale was finalized on 12/17/2021.
Summary of transaction details
- Property Type: Single-Family Residential
- Transaction Amount: $38,000,000
- Square Footage: 9,500
- Price per Square Foot: $4,000
- Market: Water Mill
The sellers of this property were Jason & Claire Capello. The transaction involved a sale price of $38,000,000 for the 9,500 square feet of living space. The property is located in the desirable market of Water Mill, adding to its attractiveness. The sale was completed on 12/17/2021, marking a significant milestone in the local real estate market.
On the Map
$38,000,000
$4,000/SF
Single Family Residence
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Water Mill 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93