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458 Poppasquash Road Bristo...

LandVest Achieves Bristol, RI's Highest Residential Property Sale With $8M Sale Of 458 Poppasquash Rd
SOLDSingle Family

LandVest Achieves Bristol, RI's Highest Residential Property Sale With $8M Sale Of 458 Poppasquash Rd

458 Poppasquash Road Bristol, Rhode Island 02809, USA

$8,000,000

Building Size

Asset Type

Single Family

Closing

Aug 1, 2023

AI

Located at 458 Poppasquash Rd in Bristol, RI, this single-family property recently sold in a closed transaction. The property boasts an impressive sale price of $8,000,000, making it the highest residential property sale in the town to date. Agent Terry Boyle from LandVest represented the property in the deal, which closed on August 1st.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $8,000,000
  • Address: 458 Poppasquash Rd, Bristol, RI
  • Market: Bristol, RI

This successful sale, facilitated by LandVest and agent Terry Boyle, achieved a significant milestone in Bristol's real estate market. With a sale price of $8 million, 458 Poppasquash Rd has set a new record for residential property sales in the town. The closing of this transaction on August 1st marks a noteworthy achievement for all parties involved.

Players

Terry Boyle

Landvest

Broker

$8M

vol

1 deal

Broker

Bristol 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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93