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3 Wilson Way, Dover, Ma 020...

Updated Dec 21, 2023

Dover Country Properties Inc Acquires 9.82 Acres Of Land In Dover, MA For $1.49M
SOLDOther

Dover Country Properties Inc Acquires 9.82 Acres Of Land In Dover, MA For $1.49M

3 Wilson Way, Dover, Ma 02030, Usa

$1,490,000

$3/SF

Building Size

427,773 SF

Asset Type

Other

Closing

Oct 22, 2020

About this deal

AI

The land located at 3 Wilson Way in Dover, MA was recently sold in a transaction that took place on October 23, 2020. The property, measuring 9.82 acres, was listed for an asking price of $1,495,000. However, the final sale price was slightly lower at $1,490,000, resulting in a price per acre (PPA) of $152.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,490,000
  • Address: 3 Wilson Way, Dover, MA
  • Market: Dover, MA
  • Acres: 9.82
  • Asking Price: $1,495,000
  • Price Per Acre (PPA): $152

The seller's representative in this transaction was Joni Shore from Coldwell Banker Realty. On the buyer's side, The Atwood Scannell Team represented by Dover Country Properties Inc acted as the buyer's representative.

Players

Joni Shore

Coldwell Banker

Broker

$1.5M

vol

1 deal

Broker

Dover Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $3 per square foot on a published $1.5M for 427,773 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.65%

Cash-on-Cash

-3.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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