News: Front Section
Posted: September 2, 2022
Mott & Chace Sotheby’s International Realty handles $2.2 million sale in Charlestown, RI
Charlestown, RI Mott & Chace Sotheby’s International Realty completed the sale of 10 Highland Rd. for $2.2 million. Ray Mott, broker/co-owner of Mott & Chace Sotheby’s, represented the seller and Robin Knisley, broker associate, also of Mott & Chace Sotheby’s represented the buyer.
According to Rhode Island Statewide Multiple Listing Service, the sale of 10 Highland Rd. is tied at the third highest sale in the town this year.
Agents of Mott & Chace Sotheby’s International Realty also represented the buyer of the tied sale. The firm has represented seven clients in the top ten sales in Charlestown in 2022.
“We are an authority in the Charlestown community,” said Mott. “Our firm and our agents continue to exceed expectations and deliver for our clients. We are proud of our position in the market and look forward to future success.”
The Quonochontaug home is located on Garden Pond. The two-bedroom and two-bathroom cottage boasts over 1,200 square feet and is just steps from the ocean.
Knisley said, “Thanks to the collaborative efforts of my colleagues at Mott & Chace Sotheby’s International Realty, I am happy to welcome my client home to Quonochontaug, a beautiful coastal neighborhood and a very special place to live.”
Tags:
Front Section
MORE FROM Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
.png)
Quick Hits
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid: