Updated Dec 4, 2024
Kevin Fox Of Compass Facilitates Sale Of Single Family Home In Providence, RI For $1.795M
44 Stimson Avenue
$1,795,000
$224/SF
Building Size
8,000 SF
Asset Type
Single Family
Closing
Feb 23, 2024
About this deal
AI
The property at 44 Stimson Avenue in Providence, RI, a single-family home with 8,000 square feet, was sold for $1,795,000 at a price per square foot of $224. The sale was facilitated by Compass, with Kevin Fox from Compass representing the buyer in the transaction.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,795,000
- Address: 44 Stimson Avenue
- Market: Providence, RI
- Broker: Kevin Fox - Compass
Kevin Fox, a founding agent at Compass’ local office, played a pivotal role in concluding the sale of this property on the East Side of Providence, RI. The transaction highlights the expertise and effectiveness of Kevin Fox in representing the buyer during the deal.
Players
Providence 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
8.84%
Cash-on-Cash
-2.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93