John Catsimatidis Acquires Single Family Home In Chappaqua For $5M
SOLD
$5,000,000
New York
See Similar DealsSingle Family Residence
Sold 10/05/2022
SOLD
John Catsimatidis Acquires Single Family Home In Chappaqua For $5M
48 Haights Cross Road, Chappaqua, New York 10514, United States
See Similar DealsSingle Family Residence
Sold 10/05/2022
Summary
NEW YORK
Asset Type:Single Family Residence
Transaction Type:Sale
A single-family property located at 48 Haights Cross Road in Chappaqua has been sold for $5,000,000. The transaction took place on 10/05/2022. The buyer of the property is John Catsimatidis. The property, owned by John Catsimatidis, features various characteristics that make it an appealing asset in the market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Date: 10/05/2022
- Address: 48 Haights Cross Road, Chappaqua
- Buyer: John Catsimatidis
This real estate deal was facilitated by John Catsimatidis' representative from their agency. The sale of this property has contributed to the dynamic real estate market in Chappaqua. The transaction showcases the importance of experienced individuals and their role in property transactions.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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