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406 Centre Island Road

Sean Hannity's Oyster Bay Home Sells For $12.7M To Fox News Fan
SOLDSingle Family

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

Shawn Elliott

Nest Seekers International

Broker

$156.8M

vol

8 deals

Broker

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