Martha Stewart Sells East Hampton SFR On Lily Pond Lane For $8.4M
SOLD
$8,400,000
New York
See Similar DealsSingle Family Residence43,124 SF
Sold 06/01/2020
SOLD
Martha Stewart Sells East Hampton SFR On Lily Pond Lane For $8.4M
58 Lily Pond Lane, East Hampton, NY 11937, USA
See Similar DealsSingle Family Residence43,124 SF
Sold 06/01/2020
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$194
Total Square Footage:43,124 SF
Transaction Type:Sale
Martha Stewart, the renowned lifestyle guru and television host, has recently sold her property located at 58 Lily Pond Lane in East Hampton. The single-family residence sits on approximately 1 acre of land.
Summary of Transaction Details
- Property Type: Single-Family Residence
- Transaction Amount: $8,400,000
- Market: East Hampton
- Date: June 2021
The transaction involved Martha Stewart as the seller. The asking price for the property was $8,400,000.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$448,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,843.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,820.29
Annual Debt Service$477,843.43
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