Updated Jan 21, 2025
30 Sandy Point Farm Road Sells For $2.3M With Brokers Judy Chace And Kylie McCollough
30 Sandy Point Farm Road
$2,300,000
$76/SF
Building Size
30,269 SF
Asset Type
Single Family
Closing
Jan 17, 2025
About this deal
AI
The property asset involved in the transaction is a single-family home located at 30 Sandy Point Farm Road in Portsmouth, RI. This historic six-acre equestrian estate was once part of the Vanderbilt Estate and was sold for $2,300,000. The property spans approximately 30,269 square feet, resulting in a price per square foot of $76.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,300,000
- Address: 30 Sandy Point Farm Road
- Market: Portsmouth, RI
- Square Footage: 30,269
- Price per Square Foot: $76
- Broker Representatives: Judy Chace, Kylie McCollough & Lahna Son-Cundy - Sotheby's International Realty
Mott & Chace Sotheby’s International Realty facilitated the sale of the property, bringing unique expertise in managing transactions of significant historical estates.
Players
Portsmouth 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93