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Compass Agent Cynthia Moretti Represents Buyer In $3.5M Westerly, RI Single-Family Sale
SOLD
$3,500,000
Rhode Island
See Similar DealsSingle Family4,393 SF
Sold 07/14/2023
SOLD
Compass Agent Cynthia Moretti Represents Buyer In $3.5M Westerly, RI Single-Family Sale
9 A Bradford Road Westerly, Rhode Island 02891, Usa
See Similar DealsSingle Family4,393 SF
Sold 07/14/2023
Summary
RHODE ISLAND
Asset Type:Single Family
Price Per Square Foot:$796
Total Square Footage:4,393 SF
Transaction Type:Sale
A single-family property located at 9A Bradford Rd in Westerly, RI has been sold for $3.5 million. The property spans across 59.28 acres and offers a spacious living area of 4,393 square feet. The sale price per square foot was calculated at $797.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Market: Westerly, RI
- Address: 9A Bradford Rd
- Acreage: 59.28
This transaction was facilitated by Mott & Chace Sotheby’s International Realty. The sellers, Desa Buffum and Geb Masterson, were represented by Sotheby's International Realty. On the buyer's side, Cynthia Moretti from Compass acted as the representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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