Updated Oct 10, 2025
Mona Patel Purchases SFR In Syosset From Sonu Batra For $1.64 Million With Lender Bayport Funding
126 Southwood Circle
$1,640,000
$512/SF
Building Size
3,200 SF
Asset Type
Single Family Residence
Closing
Sep 29, 2025
About this deal
AI
The property asset involved in this transaction is a single-family residence located at 126 Southwood Circle, in the Syosset market. The sale price of the property was $1,640,000, with a total area of 3,200 square feet, resulting in a price per square foot of $512.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,640,000
- Buyer: Mona Patel
- Seller: Sonu Batra - The Eastshore Development Company
- Seller's Representative: Linda Freedman - Douglas Elliman
- Lender: Bayport Funding
- Date of Sale: 9/30/2025
This transaction was marked by the participation of key individuals and organizations. The seller, Sonu Batra, is affiliated with The Eastshore Development Company, while the broker representative for the seller, Linda Freedman, is with Douglas Elliman, indicating a professional representation in this real estate deal.
Players
Syosset Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $512 per square foot on a published $1.6M for 3,200 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.67%
Cash-on-Cash
-2.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93