Compass Massachusetts, LLC Sells Land In Dennis, MA For $3.4M With Buyer's Rep Bette Landry - Steele Associates Real Estate
28 Luscombe Lane, Dennis, Massachusetts 02638, United States
$3,400,000
Building Size
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Asset Type
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Closing
Apr 7, 2022
AI
Located at 28 Luscombe Ln in Dennis, MA, this transaction involved the sale of a land asset. The sale took place on April 8, 2022, with Brian Dougherty capturing an image of the property. The market in which the transaction took place is also Dennis, MA. The transaction was facilitated by Bette Landry of Steele Associates Real Estate, representing the buyer, and Brian Dougherty of Compass Massachusetts, LLC, representing the seller. The final sale price for the land was $3,400,000.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,400,000
- Image: Brian Dougherty
- Date: 04/08/2022
- Address: 28 Luscombe Ln
- Market: Dennis, MA
- Buyer's Representative: Bette Landry - Steele Associates Real Estate
- Seller's Representative: Brian Dougherty - Compass Massachusetts, LLC
It is evident that Bette Landry from Steele Associates Real Estate and Brian Dougherty from Compass Massachusetts, LLC played crucial roles in the transaction. They represented the buyer and seller, respectively, in this sale of land asset.
Players
Dennis 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93