Updated Dec 4, 2024
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
Chepachet 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93