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
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.
Players
Water Mill 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93