Updated Dec 4, 2024
Compass Brokers Nicholas Colombos And Angela Dooley Sell Kings Point SFR For $13M
26 Cricket Lane
$13,000,000
$1,629/SF
Building Size
7,980 SF
Asset Type
Single Family
Closing
Sep 28, 2023
About this deal
AI
Located in Kings Point, this single-family residential property at 26 Cricket Lane was recently sold in a closed transaction. The property features a total of 7,980 square feet of living space. The sale price for this property was $13,000,000, resulting in a price per square foot of $1,629. The deal was facilitated by brokers Nicholas Colombos and Angela Dooley from Compass.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $13,000,000
- Square Footage: 7,980
- Price per Square Foot: $1,629
- Address: 26 Cricket Lane, Kings Point
- Brokers: Nicholas Colombos & Angela Dooley - Compass
Nicholas Colombos and Angela Dooley from Compass played key roles in the successful completion of this property transaction. Their expertise and dedication ensured a smooth process for both the buyer and the seller. The involvement of experienced brokers like Colombos and Dooley is critical in closing high-value deals like this one.
Players
Great Neck Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $13M for 7,980 square feet (2023).
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Browse Great Neck single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93