Daily limit: 0/10
Deborah Ladd Of Compass Represents Buyer In $6.5M Sale Of 21 Atlantic Drive In Little Compton
SOLD
$6,500,000
Rhode Island
See Similar DealsSingle Family
Sold 11/01/2024
SOLD
Deborah Ladd Of Compass Represents Buyer In $6.5M Sale Of 21 Atlantic Drive In Little Compton
21 Atlantic Drive
See Similar DealsSingle Family
Sold 11/01/2024
Summary
RHODE ISLAND
Asset Type:Single Family
Transaction Type:Sale
A single-family home located at 21 Atlantic Drive in Little Compton has been sold for $6,500,000. This transaction represents the highest sale in the area since 2020 and is notable as the fifth-highest in Newport County for the year 2024.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Buyer’s Representative: Deborah Ladd - Compass
- Seller’s Representative: Cherry Arnold - Sotheby's International Realty
The sale was facilitated by Mott & Chace Sotheby’s International Realty, underscoring their role in achieving a significant transaction in the local real estate market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$346,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,093.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,813.32
Annual Debt Service$369,759.79
Is there something missing? Send suggestions