SOLD
Point B Realty Represents Sale Of 1 Acre Land In Edgartown, MA For $2.34M
16 Kent Harbor Road, Edgartown, Massachusetts 02539, United States
$2,345,000
Building Size
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Asset Type
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Closing
Jan 27, 2022
AI
An acre of land located at 16 Kent Harbor Rd in Edgartown, MA was recently sold for a price of $2,345,000. The sale took place on January 28, 2022.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,345,000
- Address: 16 Kent Harbor Rd
- Market: Edgartown, MA
- ACRES: 1
Wendy Harman, representing Point B Realty, acted as the seller's agent in this transaction.
Players
Point B RealtyBrokerage
Edgartown CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.76%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93