Updated Dec 21, 2023
Joanne Conway Sells 6.62 Acres Of Land In Hingham, MA For $1.2M
213 Cushing Street, Hingham, Massachusetts 02043, United States
$1,200,000
$4/SF
Building Size
288,292 SF
Asset Type
—
Closing
Feb 16, 2022
About this deal
AI
A 6.62-acre plot of land located at 213 Cushing St in Hingham, MA was recently sold for $1,200,000. The transaction took place on February 17, 2022. The sale was facilitated by Joanne Conway of William Raveis Real Estate - Hingham.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,200,000
- Address: 213 Cushing St, Hingham, MA
- Market: Hingham, MA
- Broker: Joanne Conway - William Raveis Real Estate - Hingham
The sale of this 6.62-acre land plot highlights the expertise of Joanne Conway from William Raveis Real Estate - Hingham. Their knowledge of the market and successful negotiation skills led to the completion of the transaction. This sale demonstrates the demand for land in the area and the potential for future development opportunities.
Hingham 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93