Irving Shafran Sells Bridgehampton SFR For $45M With Christopher Covert As The Broker
Bridgehampton, New York, United States
$45,000,000
$6,000/SF
Building Size
7,500 SF
Asset Type
Single Family Residence
Closing
Aug 2, 2022
AI
Located in the market of Bridgehampton, this single-family residence (SFR) recently sold in a closed transaction. The property, spanning over 7,500 square feet, was sold by Irving Shafran. The sale was facilitated by Christopher Covert of Compass and Hedgerow Exclusive Properties. The transaction took place on August 3, 2022, with the property selling for an impressive $45,000,000, resulting in a price per square foot of $6,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $45,000,000
- Market: Bridgehampton
- Broker: Christopher Covert - Compass & Hedgerow Exclusive Properties
- Date: 08/03/2022
Please note that no additional information was provided regarding the unique characteristics or address of the property. However, the impressive sale price and price per square foot demonstrate the desirability and value of this Bridgehampton residence.
Players
Bridgehampton 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93