Updated Sep 9, 2024
Douglas Elliman Brokers Sell Sagaponack SFR For $18.4M
57 Jared Ln, Sagaponack, NY, USA
$18,447,500
$1,537/SF
Building Size
12,000 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2020
About this deal
AI
Oren Alexander, Sara Goldfarb, and Tal Alexander have successfully closed a real estate transaction in Sagaponack. The property involved in the sale is a Single Family Residence (SFR) located at 57 Jareds Ln. The transaction took place in June 2021, with a sale price of $18,447,500. The property spans approximately 12,000 square feet, resulting in a price per square foot of $1,537.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $18,447,500
- Market: Sagaponack
- Address: 57 Jareds Ln
- Brokers: Tal Alexander - Alexander Team at Douglas Elliman, Oren Alexander - Alexander Team at Douglas Elliman, Sara Goldfarb - Alexander Team at Douglas Elliman
The successful deal was facilitated by the Alexander Team at Douglas Elliman, represented by Tal Alexander, Oren Alexander, and Sara Goldfarb. Their expertise and dedication played a crucial role in closing the transaction.
Players
Sagaponack Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $18.4M for 12,000 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93