Sotheby's International Realty Acquires 1.0 Acre Land In Osterville, MA For $1.5M
271 Pineleigh Path, Osterville, MA 02655
$1,500,000
$34/SF
Building Size
43,560 SF
Asset Type
—
Closing
Oct 22, 2021
AI
The property asset involved in this transaction is a land located at 271 Pineleigh Path, Osterville, MA. The land spans approximately 1.0 acre. The transaction took place on October 22, 2021. The sale price for this land was $1,500,000. The transaction was facilitated by John Largay Jr. from Sotheby's International Realty - Osterville Brokerage.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,500,000
- Address: 271 Pineleigh Path, Osterville, MA
- Market: Osterville, MA
- Asset Type: Land
- Acres: 1.0
John Largay Jr., representing Sotheby's International Realty - Osterville Brokerage, played a crucial role in facilitating this transaction. Their expertise and negotiation skills contributed to the successful completion of this deal.
Players
Osterville 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93