Point B Realty Represents Sale Of 1 Acre Land In Edgartown, MA For $2.34M
SOLD
$2,345,000
Massachusetts
See Similar DealsSold 01/28/2022
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
See Similar DealsSold 01/28/2022
Summary
MASSACHUSETTS
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,331.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,116.50
Annual Debt Service$133,397.96
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