Updated Sep 15, 2025
14 Highland Road Sells In Charlestown Rhode Island For $3.4 Million With Brokers Mott And Murphy
14 Highland Road
$3,400,000
$1,190/SF
Building Size
2,856 SF
Asset Type
Single Family
Closing
Sep 12, 2025
About this deal
AI
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
Charlestown 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93