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43 Franklin Dr, Montauk, NY...

Dylan Eckardt Of Nestseekers Sells Montauk SFR For $4.2M
SOLDSingle Family Residence

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.

Players

Dylan Eckardt

Nest Seekers International

Broker

$46.3M

vol

9 deals

Broker

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