Dylan Eckardt Of Nestseekers Sells Montauk SFR For $4.2M
43 Franklin Dr, Montauk, NY, USA
$4,199,000
$967/SF
Building Size
4,341 SF
Asset Type
Single Family Residence
Closing
Feb 7, 2021
AI
The property at 43 Franklin Dr in Montauk has been sold in a recent transaction. This single-family home features seven bedrooms and offers private beach access. The sale price for this property was $4,199,000, with a total square footage of 4,341. The price per square foot is approximately $967, reflecting the value of the property in the market.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,199,000
- Address: 43 Franklin Dr
- Market: Montauk
- Broker: @DylanEckardt - @Nestseekers
This transaction was facilitated by Dylan Eckardt of Nestseekers. It is worth mentioning that Dylan Eckardt has been quite active in the market, signing $120M worth of exclusives in 24 hours in both New York and Los Angeles. Notable among these exclusives is a $50 million oceanfront property in Amagansett. With this recent sale, Dylan Eckardt continues to demonstrate his success in the real estate market.
Montauk 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93