facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

All

/

Sale

/

0 Clevelandtown Road, Edgar...

Feiner Real Estate Inc Acquires Land In Edgartown, MA For $2M
SOLD

Feiner Real Estate Inc Acquires Land In Edgartown, MA For $2M

0 Clevelandtown Road, Edgartown, Massachusetts 02539, United States

$2,000,000

Building Size

Asset Type

Closing

Oct 18, 2022

AI

A land property located at 0 Clevelandtown Rd in Edgartown, MA was recently sold for a transaction amount of $2,000,000. The sale took place on October 19, 2022. The property, represented by James Feiner of Feiner Real Estate Inc as the buyer's representative and Bonnie Pierce of Wallace & Co. Sotheby's International Realty as the seller's representative, attracted attention in the market.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $2,000,000
  • Location: 0 Clevelandtown Rd, Edgartown, MA
  • Date: October 19, 2022
  • Market: Edgartown, MA

The buyer's representative in this transaction was James Feiner from Feiner Real Estate Inc, while the seller's representative was Bonnie Pierce from Wallace & Co. Sotheby's International Realty. Both parties played essential roles in facilitating the successful sale of this property.

Players

Bonnie Pierce

Sotheby's International Realty

Broker

$9M

vol

4 deals

Broker

Edgartown CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93