Updated Dec 20, 2023
Lila Delman Real Estate Represents $7.5M Weekapaug Single Family Sale
15 Spray Rock Rd, Westerly, RI 02891, USA
$7,500,000
$1,500/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Oct 8, 2020
About this deal
AI
The single-family property located at 15 Spray Rock Road in Weekapaug, RI has been sold for a total price of $7,500,000. The property spans 5,000 square feet, resulting in a price per square foot of $1,500. The sale was facilitated by Lori Joyal of Lila Delman Real Estate.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,500,000
- Address: 15 Spray Rock Road
- Market: Weekapaug, RI
- Broker: Lori Joyal - Lila Delman Real Estate
- Square Footage: 5,000
- Price per Square Foot: $1,500
This successful transaction showcases the expertise of Lori Joyal from Lila Delman Real Estate. Through her representation, the buyer and seller were able to negotiate and finalize the sale of the property at 15 Spray Rock Road in Weekapaug, RI. Lori Joyal's professionalism and knowledge of the local market played a vital role in ensuring a smooth and efficient transaction for all parties involved.
Westerly 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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93