Updated Jan 21, 2025
Compass Represents Seller In Sale Of Frank Mauran Jr. House In Providence For $3.65M
137 Grotto Avenue
$3,650,000
$521/SF
Building Size
7,000 SF
Asset Type
Single Family
Closing
Jan 17, 2025
About this deal
AI
A single-family home located at 137 Grotto Avenue in Providence, RI, was sold for $3,650,000. The property spans a total of 7,000 square feet, resulting in a price per square foot of $521.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,650,000
- Sale Date: 01/17/2025
- Address: 137 Grotto Avenue
- Market: Providence, RI
- Square Footage: 7,000
- Price per Square Foot: $521
Kira Greene and Deborah Ladd of Compass represented the seller in the transaction involving the Frank Mauran Jr. House, facilitating the deal on behalf of the property owner.
Players
Providence Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93