News: Front Section
Posted: July 15, 2022
Mott & Chace Sotheby’s International Realty arranges two sales in North Kingstown, RI totaling $5.15 million
North Kingstown, RI Mott & Chace Sotheby’s International Realty has completed two top sales in Wickford Point. Currently the top firm by sales volume in North Kingstown, agents of Mott & Chace Sotheby’s International Realty have represented seven clients in sales over $1 million in the municipality this year.
The waterfront home at 66 Lands End Dr. has sold for $2.75 million. Kathy Kourakis, sales associate of Mott & Chace Sotheby’s represented the seller and Amy Doorley-Lucas, sales associate, also of Mott & Chace Sotheby’s represented the buyer.
“This home checked off more than several of the boxes for my clients and I think we all knew it was ‘the house’ from the minute we crossed the threshold! The waterfront location alone was a huge selling point, but the sellers made it next level with their tasteful renovations and designer finishes,” said Doorley-Lucas.
The home at 29 Lands End Dr. has sold for $2.4 million. Kourakis represented the seller. Jeanne Elson-Gordon of Jeanne E Real Estate represented the buyer.
Kourakis said, “This home is the perfect place to enjoy the coastal lifestyle of old Nantucket in the award-winning and charming neighborhood!”
Having five- bedrooms, three and two-half bathrooms, and 5,100 s/f, the waterfront home offers water views from almost every room and direct access to the water from the rear yard.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Quick Hits
Columns and Thought Leadership
5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.