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14 Highland Road Sells In Charlestown Rhode Island For $3.4 Million With Brokers Mott And Murphy
SOLD
$3,400,000
Rhode Island
See Similar DealsSingle Family2,856 SF
Sold 09/12/2025
SOLD
14 Highland Road Sells In Charlestown Rhode Island For $3.4 Million With Brokers Mott And Murphy
14 Highland Road
See Similar DealsSingle Family2,856 SF
Sold 09/12/2025
Summary
RHODE ISLAND
Asset Type:Single Family
Price Per Square Foot:$1,190
Total Square Footage:2,856 SF
Transaction Type:Sale
The property asset involved in the transaction is a single-family home located at 14 Highland Road in Charlestown, RI. The sale was completed at a price of $3,400,000. The home encompasses 2,856 square feet, resulting in a price per square foot of $1,190.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,400,000
- Address: 14 Highland Road
- Market: Charlestown, RI
- Square Footage: 2,856
- Price per Square Foot: $1,190
The deal involved Raymond Mott and Stephen Murphy, who represented the transaction through Sotheby's International Realty. The brokerage facilitated the sale of the renovated East Beach cape-style home, which offers ocean and pond views along with multiple decks and is near one of Rhode Island’s top beaches.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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