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35 Shuttleworth Place, Dedh...

Updated Dec 21, 2023

RE/MAX Distinct Advantage Represents Buyer And Discover Properties Represents Seller In $1.125M Dedham, MA Land Sale
SOLD

RE/MAX Distinct Advantage Represents Buyer And Discover Properties Represents Seller In $1.125M Dedham, MA Land Sale

35 Shuttleworth Place, Dedham, Massachusetts 02026, United States

$1,125,000

$11/SF

Building Size

100,475 SF

Asset Type

Closing

Apr 10, 2022

About this deal

AI

The property involved in this transaction is a 2.31-acre land located at 20-35 Shuttleworth Pl in Dedham, MA. The sale of this land took place on April 11, 2022.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,125,000
  • Address: 20-35 Shuttleworth Pl, Dedham, MA
  • Market: Dedham, MA

The buyer's representative in this deal was Michael Musto from RE/MAX Distinct Advantage, while the seller's representative was John Bethoney from Discover Properties.

The commercial sale at 35 Shuttleworth Place, Dedham, Massachusetts 02026, United States in Dedham, Massachusetts sold for $1.1M in 2022. The building is 100,475 square feet, implying about 11 per square foot on the published price. Michael Musto, John Bethoney, Re/Max appear on the sale alongside Re/Max. This page is the Dedham, Massachusetts file for the 35 Shuttleworth Place, Dedham, Massachusetts 02026, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Dedham sit in the Market section below. Filter that Dedham commercial set by closing date to see what else sold near 35 Shuttleworth Place, Dedham, Massachusetts 02026, United States around 2022. Published consideration for 35 Shuttleworth Place, Dedham, Massachusetts 02026, United States is $1.1M, dated 2022. Cite this RE/MAX Distinct Advantage Represents Buyer And Discover Properties Represents Seller In $1.125M Dedham, MA Land Sale sale when underwriting similar commercial product around Dedham, Massachusetts.

Players

Michael Musto

Re/Max

Broker

$2.5M

vol

2 deals

Broker

Dedham CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $11 per square foot on a published $1.1M for 100,475 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.10%

Cash-on-Cash

-4.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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