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Old Montauk Highway, Montau...

Old Montauk Highway SFR Sold For $9.75M By Matt Breitenbach & Greg Gould - Montauk Realtors
SOLDSingle Family Residence

Old Montauk Highway SFR Sold For $9.75M By Matt Breitenbach & Greg Gould - Montauk Realtors

Old Montauk Highway, Montauk, NY, USA

$9,750,000

$1,710/SF

Building Size

5,700 SF

Asset Type

Single Family Residence

Closing

Jan 13, 2021

AI

An SFR located on Old Montauk Highway in Montauk, Hamptons was recently sold. The property was sold on 01/14/2021 for a price of $9,750,000. The property has a size of 5,700 square feet, resulting in a price per square foot of $1,710.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $9,750,000
  • Address: Old Montauk Highway
  • Market: Montauk, Hamptons

The sale of this property was facilitated by brokers Matt Breitenbach and Greg Gould from Breitenbach Advisory at Compass.

For more information about this transaction, please refer to the Instagram post shared by Matt Breitenbach & Greg Gould.

Players

Matt Breitenbach

Compass

Broker

$19.5M

vol

2 deals

Broker

Montauk Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.63%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93