Coldwell Banker Realty Sells Land In Hinsdale For $3M
527-541 Kensington Ct
$3,000,000
Building Size
—
Asset Type
Land
Closing
Feb 3, 2023
AI
Located in Hinsdale, this land property on Kensington Ct offers a prime investment opportunity. Spanning across 2.20 acres, this parcel of land presents a blank canvas for potential development. The property, listed by Dawn McKenna from Coldwell Banker Realty, recently sold for $3,000,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,000,000
- Address: 527-541 Kensington Ct, Hinsdale
- Market: Hinsdale
- Broker: Dawn McKenna - Coldwell Banker Realty
This successful sale was facilitated by Dawn McKenna from Coldwell Banker Realty. With their expertise in the Hinsdale market, McKenna was able to secure a lucrative deal for the 2.20-acre land property on Kensington Ct. The transaction signifies the value and potential of this prime piece of land in Hinsdale.
Players
Berlin Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93