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Compass Facilitates Record-Breaking $3.7M Sale Of Single Family Home On Blackstone Blvd
SOLD
$3,695,000
Rhode Island
See Similar DealsSingle Family6,000 SF
Sold 01/12/2024
SOLD
Compass Facilitates Record-Breaking $3.7M Sale Of Single Family Home On Blackstone Blvd
170 Blackstone Boulevard
See Similar DealsSingle Family6,000 SF
Sold 01/12/2024
Summary
RHODE ISLAND
Asset Type:Single Family
Price Per Square Foot:$615
Total Square Footage:6,000 SF
Transaction Type:Sale
Compass facilitated the sale of 170 Blackstone Boulevard in Providence, RI for a record-breaking price of $3,695,000. This single-family property spans 6,000 square feet, resulting in a price per square foot of $616. The transaction marks the highest-ever sale on Blackstone Boulevard.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,695,000
- Address: 170 Blackstone Boulevard, Providence, RI
- Market: Providence, RI
- Brokers: Debby Ladd & Kira Greene - Compass
- SF: 6,000
- PPSF: $616
Debby Ladd and Kira Greene from Compass played a significant role in the successful completion of this transaction, representing the buyer and seller respectively.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$197,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,127.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,516.19
Annual Debt Service$210,194.22
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