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1 Littles Lane, Newbury, Ma...

Updated Dec 19, 2023

Bentley's Greater Newburyport Sells 4.52 Acre Land In Newbury, MA For $1.4M
SOLD

Bentley's Greater Newburyport Sells 4.52 Acre Land In Newbury, MA For $1.4M

1 Littles Lane, Newbury, Massachusetts 01951, United States

$1,400,000

$7/SF

Building Size

196,891 SF

Asset Type

Closing

Feb 17, 2022

About this deal

AI

A 4.52-acre land located at 1 Littles Ln in Newbury, MA has been sold for a total price of $1,400,000. The sale of this property was facilitated by Rick Zaniboni from BENTLEY'S Greater Newburyport.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,400,000
  • Address: 1 Littles Ln, Newbury, MA
  • Market: Newbury, MA
  • Broker: Rick Zaniboni - BENTLEY'S Greater Newburyport

Additional details about the deal's key individuals and companies are not available.

The commercial sale at 1 Littles Lane, Newbury, Massachusetts 01951, United States in Newbury, Massachusetts sold for $1.4M in 2022. The building is 196,891 square feet, implying about 7 per square foot on the published price. Named participants on the 1 Littles Lane, Newbury, Massachusetts 01951, United States sale are Rick Zaniboni. This page is the Newbury, Massachusetts file for the 1 Littles Lane, Newbury, Massachusetts 01951, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Newbury sit in the Market section below. Filter that Newbury commercial set by closing date to see what else sold near 1 Littles Lane, Newbury, Massachusetts 01951, United States around 2022. Published consideration for 1 Littles Lane, Newbury, Massachusetts 01951, United States is $1.4M, dated 2022. Cite this Bentley's Greater Newburyport Sells 4.52 Acre Land In Newbury, MA For $1.4M sale when underwriting similar commercial product around Newbury, Massachusetts.

Players

Rick Zaniboni

Broker

$1.4M

vol

1 deal

Broker

Newbury CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $7 per square foot on a published $1.4M for 196,891 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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