Joanne Conway Sells 6.62 Acres Of Land In Hingham, MA For $1.2M
SOLD
$1,200,000
Massachusetts
See Similar Deals288,292 SF
Sold 02/17/2022
SOLD
Joanne Conway Sells 6.62 Acres Of Land In Hingham, MA For $1.2M
213 Cushing Street, Hingham, Massachusetts 02043, United States
See Similar Deals288,292 SF
Sold 02/17/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$4
Total Square Footage:288,292 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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