Updated Dec 4, 2024
Lila Delman Real Estate Sells Stone Harbour Condo In Bristol, RI For $3.55M
341 Thames Street
$3,550,000
Building Size
—
Asset Type
Condo
Closing
Feb 9, 2024
About this deal
AI
The sale of Unit 303S in the Stone Harbour complex, located at 341 Thames Street in Bristol, RI, has been finalized for a price of $3,550,000. The property is a condo and was sold by Lila Delman Real Estate, with buyer representation by Alyce Wright from the Newport office.
Summary of transaction details:
Alyce Wright from Lila Delman Real Estate in Newport represented the buyer in this transaction. This deal highlights the successful collaboration between the buyer's representative and the real estate agency, resulting in the sale of a prestigious property in Bristol, RI.
Bristol Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93