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Compass' Kirk|Schryver Team Sells Barrington Single Family Home For $4M

Property Image
SOLD
$4,000,000
Elizabeth Kirk
Lisa Schryver

Rhode Island

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Single Family3,637 SF
Sold 05/10/2024
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Property Image
SOLD

Compass' Kirk|Schryver Team Sells Barrington Single Family Home For $4M

85 Mathewson Road

See Similar Deals
Single Family3,637 SF
Sold 05/10/2024
Elizabeth Kirk
Lisa Schryver
the dealplayerscompscontact
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Summary

RHODE ISLAND
Asset Type:Single Family
Price Per Square Foot:$1,099
Total Square Footage:3,637 SF
Transaction Type:Sale

The single-family property located at 85 Mathewson Road in Barrington, RI was sold for $4,000,000. Spanning 3,637 square feet, the house is characterized by a private dock and offers picturesque views from every room. The property was designed by architect Scott Weymoth, and the sale was orchestrated by Elizabeth Kirk & Lisa Schryver from Compass.

Summary of transaction details:

The Kirk|Schryver Team from Compass was instrumental in the off-market exploration that led to the successful sale of the property. The team's efforts ensured the seamless transaction of the architecturally remarkable home, showcasing their expertise in navigating exclusive real estate deals.

Players

Elizabeth Kirk
Compass
Elizabeth Kirk
3 deals$12.9M volume(401) 225-0371
BROKER
Lisa Schryver
Compass
Lisa Schryver
4 deals$14.8M volume(401) 529-5724
BROKER

Details

SOLD
IMAGE: 05/10/2024 ADDRESS: 85 Mathewson Road MARKET: Barrington, RI ASSET TYPE: Single Family BROKERS: Elizabeth Kirk & Lisa Schryver - Compass SALE PRICE: $4,000,000 SF: 3,637 ~ PPSF: $1,100 NOTE: Compass' Kirk|Schryver Team orchestrated the sale of 85 Mathewson Rd. for $4 million. The property, boasting a private dock and picturesque views from every room, was designed by architect Scott Weymoth and secured through off-market exploration by the Kirk|Schryver Team.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$213,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49