Updated Dec 18, 2023
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.
On the Map
$4,750,000
Single Family Residence
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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