Sean Hannity's Oyster Bay Home Sells For $12.7M To Fox News Fan
406 Centre Island Road
$12,687,500
$1,188/SF
Building Size
10,674 SF
Asset Type
Single Family
Closing
Jun 6, 2024
AI
The single-family home located at 406 Centre Island Road in Oyster Bay was sold by seller Sean Hannity for $12.7 million in cash after a bidding war. The property spans 10,674 square feet and was originally listed for $13.75 million, resulting in a price per square foot of $1,189.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,687,500
- Address: 406 Centre Island Road
- Market: Oyster Bay
Brokers involved in the deal were Shawn Elliott and Zach Elliott from Nest Seekers International. According to Shawn Elliott, the buyer of the property was a fan of Sean Hannity, the former owner of the Long Island home.
Players
Oyster Bay Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93