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104 Old Beach Road, Newport...

Updated Dec 18, 2023

Hogan Associates Represents Buyer In $4.75M Sale Of Newport SFR
SOLDSingle Family Residence

Hogan Associates Represents Buyer In $4.75M Sale Of Newport SFR

104 Old Beach Road, Newport, Rhode Island 02840, United States

$4,750,000

Building Size

Asset Type

Single Family Residence

Closing

Jan 25, 2022

About this deal

AI

A single-family residence located at 104 Old Beach Rd in Newport, RI has been recently sold for a price of $4,750,000. The transaction took place on January 14, 2022. The property was represented by Kylie McCollough from Mott & Chace Sotheby’s International Realty, while the buyer's agent was Hogan Associates.

Summary of transaction details

  • Property Type: Single-family residence
  • Transaction Amount: $4,750,000
  • Date: January 14, 2022
  • Address: 104 Old Beach Rd, Newport, RI
  • Market: Newport, RI

The sale of this property showcases the successful collaboration between Kylie McCollough from Mott & Chace Sotheby’s International Realty and the buyer's agent, Hogan Associates. The completion of this transaction highlights their expertise in the Newport, RI real estate market.

Players

Kylie McCollough

Sotheby's International Realty

Broker

$7.1M

vol

2 deals

Broker

Newport Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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