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Bayport Funding Grants $3.7M Loan For Sag Harbor Single Family Home
FINANCED
$3,700,000
New York
See Similar DealsSingle Family
Financed 01/09/2024
FINANCED
Bayport Funding Grants $3.7M Loan For Sag Harbor Single Family Home
Single Family
Financed 01/09/2024
Summary
Asset Type:Single Family
Transaction Type:Loan
A $3.7 million loan has been granted by Marcia Kaufman of Bayport Funding for a 1.8-acre single-family home in Sag Harbor, New York. The property boasts amenities like an in-ground pool, tennis court, and lower-level entertainment area.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $3,700,000
- Market: Sag Harbor
- Lender: Marcia Kaufman - Bayport Funding
Bayport Funding, represented by Marcia Kaufman, facilitated the $3.7 million loan for the luxurious single-family home in Sag Harbor. The transaction showcases the financial expertise and support provided by Bayport Funding in the real estate market.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,700,000.00
Monthly NOI$24,666.67
Monthly Debt Service$23,386.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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