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39 Peters Lane

Bouge Villas Acquires Westhampton Beach SFR For $1.4M
SOLDSingle Family Residence

Bouge Villas Acquires Westhampton Beach SFR For $1.4M

39 Peters Lane

$1,400,000

$29/SF

Building Size

47,916 SF

Asset Type

Single Family Residence

Closing

Sep 1, 2022

AI

A single-family home located at 39 Peters Ln in Westhampton Beach has been sold in a recent transaction. The property spans across 47,916 square feet and was sold for a price of $1,400,000, resulting in a price per square foot of $29.

Summary of transaction details:

  • Property Type: Single-Family Residence
  • Transaction Amount: $1,400,000
  • Address: 39 Peters Ln, Westhampton Beach
  • Market: Westhampton Beach

The buyer, Bouge Villas, represented by Hassan Chowdhury, acquired the property. Abdessamad Ouchatti, from Rent Own Sell NY, acted as the broker in this transaction.

It is important to note that the buyer stated a purchase price of $1.4 million, while the appraised value of the property was estimated at $2 million.

Players

Abdessamad Ouchatti

Rent Own Sell

Broker

$1.4M

vol

1 deal

Broker

Hassan Chowdhury

Bouge Villas

Buyer

$12.3M

vol

5 deals

Buyer

Westhampton Beach 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93