Updated Oct 28, 2024
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
About this deal
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.
On the Map
$1,400,000
$29/SF
Single Family Residence
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Players
Westhampton Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $29 per square foot on a published $1.4M for 47,916 square feet (2022).
Visit Hassan Chowdhury to view all their deals.
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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