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Breitenbach Builders Sells Bridgehampton SFR For $24.995M With Brokers Susan Breitenbach & Cutter Koster - The Corcoran Group, And Timothy O'Connor - Brown Harris Stevens

Property Image
SOLD
$24,995,000
Timothy O'Connor
Susan Breitenbach
Cutter Koster

New York

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Single Family Residence10,000 SF
Sold 06/01/2021
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Property Image
SOLD

Breitenbach Builders Sells Bridgehampton SFR For $24.995M With Brokers Susan Breitenbach & Cutter Koster - The Corcoran Group, And Timothy O'Connor - Brown Harris Stevens

347 Jobs Lane, Bridgehampton, NY, USA

See Similar Deals
Single Family Residence10,000 SF
Sold 06/01/2021
Timothy O'Connor
Susan Breitenbach
Cutter Koster
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$2,499
Total Square Footage:10,000 SF
Transaction Type:Sale

A single-family residence located at 347 Jobs Lane in Bridgehampton has been sold in a closed transaction. The property, marketed as an asset type of SFR (Single Family Residence), was sold by Breitenbach Builders.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $24,995,000
  • Address: 347 Jobs Lane
  • Market: Bridgehampton

The transaction was facilitated by a team of brokers representing both the seller and the buyer. The seller was represented by Susan Breitenbach and Cutter Koster from The Corcoran Group, along with Timothy O’Connor from Brown Harris Stevens.

The property spans approximately 10,000 square feet with a price per square foot (PPSF) of $2,499.

Players

Cutter Koster
The Corcoran Group
Cutter Koster
2 deals$34.5M volume
BROKER
Susan Breitenbach
The Corcoran Group
Susan Breitenbach
5 deals$59.5M volume
BROKER
Timothy O'Connor
Brown Harris Stevens
Timothy O'Connor
1 deal$25M volume
BROKER

Details

SOLD
IMAGE: Cutter Koster, Susan Breitenbach & Timothy O’Connor DATE: 06/01/2021 ADDRESS: 347 Jobs Lane MARKET: Bridgehampton ASSET TYPE: SFR SELLER: Breitenbach Builders BROKERS: Susan Breitenbach & Cutter Koster - The Corcoran Group; Timothy O’Connor - Brown Harris Stevens PRICE: $24,995,000 SF: 10,000 ~ PPSF: $2,499

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,333,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$88,801.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$118,489.05
Annual Debt Service$1,421,868.62