Updated Dec 4, 2024
Compass Acquires Single Family Home On Orient Avenue In Jamestown, RI For $5.075M
24 Orient Avenue
$5,075,000
Building Size
—
Asset Type
Single Family
Closing
Oct 13, 2023
About this deal
AI
24 Orient Avenue, located in Jamestown, RI, has been sold for a record-breaking price of $5,075,000. This Single Family property, known as "Bayview," is the highest-priced sale in Jamestown this year, based on data from the Multiple Listing Service. The transaction was facilitated by Mott & Chace Sotheby’s International Realty.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,075,000
- Buyer's Representative: Cynthia Moretti - Compass
- Seller's Representative: Susan Radesca - Sotheby's International Realty
The deal was brokered by Cynthia Moretti from Compass, who represented the buyer, and Susan Radesca from Sotheby's International Realty, who represented the seller. This transaction marks a significant milestone in the Jamestown real estate market, demonstrating the demand for high-value properties in the area.
Players
Jamestown 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
3.13%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93