Updated Oct 28, 2024
Centric Brands Sells Water Mill SFR For $118.5M - Arthur & Jason Rabin Represented In The Deal
70 Cobb Road, Water Mill, NY 11976
$118,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jan 2, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 70 Cobb Road in Water Mill. The sale took place in January 2022, and the property was sold for a total of $118,500,000. The seller of the property was Arthur & Jason Rabin, represented by Centric Brands.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $118,500,000
- Address: 70 Cobb Road, Water Mill
- Market: Water Mill
The sale of this property was facilitated by Centric Brands and represented by Arthur & Jason Rabin. No additional information about the transaction was provided.
On the Map
$118,500,000
Single Family Residence
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Players
Water Mill Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93