Updated Dec 21, 2023
Lila Delman Compass Brokers Sell Block Island SFR For $3.15M
1432 Southwest Road, Block Island, RI, USA
$3,150,000
$675/SF
Building Size
4,666 SF
Asset Type
Single Family Residence
Closing
Jun 11, 2020
About this deal
AI
A single-family home located at 1432 Southwest Point in Block Island, RI has been sold for $3,150,000. The property spans 4,666 square feet and is situated on 1.84 acres. The sale price per square foot is $675, and the price per acre is $1,711,957.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,150,000
Brokers Rosemary Tobin from Lila Delman Compass and Wendy Crawford represented the parties involved in the transaction.
The single family residence sale at 1432 Southwest Road, Block Island, RI, USA in Block Island, Rhode Island sold for $3.2M in 2020. The building is 4,666 square feet, implying about 675 per square foot on the published price. Wendy Crawford, Rosemary Tobin, Compass appear on the sale alongside Compass. This page is the Block Island, Rhode Island file for the 1432 Southwest Road, Block Island, RI, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Block Island sit in the Market section below. Filter that Block Island single family residence set by closing date to see what else sold near 1432 Southwest Road, Block Island, RI, USA around 2020. Published consideration for 1432 Southwest Road, Block Island, RI, USA is $3.2M, dated 2020. Cite this Lila Delman Compass Brokers Sell Block Island SFR For $3.15M sale when underwriting similar single family residence product around Block Island, Rhode Island.
Players
Block Island Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $675 per square foot on a published $3.2M for 4,666 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93