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140 Evans Road

Updated Dec 4, 2024

Mott & Chace Sotheby's International Realty Achieves Highest Sale In Glocester, RI With $3M Single Family Property
SOLDSingle Family

Mott & Chace Sotheby's International Realty Achieves Highest Sale In Glocester, RI With $3M Single Family Property

140 Evans Road

$3,000,000

$669/SF

Building Size

4,480 SF

Asset Type

Single Family

Closing

Oct 13, 2023

About this deal

AI

140 Evans Road in Glocester, RI has been sold for a record-breaking $3 million. This single-family property sits on a sprawling 134.53-acre lot, offering ample space and privacy. With a total of 4,480 square feet, the house boasts a spacious and comfortable living area. At a price per square foot of $670, this property represents a significant investment in the town.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,000,000
  • Address: 140 Evans Road
  • Market: Glocester, RI
  • Acres: 134.53

Allison Dessel and Stephen Antoni, representatives from Sotheby's International Realty, facilitated the sale of 140 Evans Road. Their expertise and dedication played a crucial role in closing this high-value transaction. This sale sets a new benchmark in the town, reinforcing the desirability and potential of the local real estate market.

Players

Stephen Antoni

Sotheby's International Realty

Broker

$3M

vol

1 deal

Broker

Chepachet Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $669 per square foot on a published $3M for 4,480 square feet (2023).

Visit Sotheby's International Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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