Wendy Harman - Point B Realty Acquires 1.53 Acres Of Land In Edgartown, MA For $2.5M
29 Slough Cove Road, Edgartown, Massachusetts 02539, United States
$2,495,000
$37/SF
Building Size
66,646 SF
Asset Type
—
Closing
Feb 14, 2022
AI
The property involved in this closed transaction is a land located at 29 Slough Cove Rd in Edgartown, MA. The land spans approximately 1.53 acres.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,495,000
- Date: 02/15/2022
- Address: 29 Slough Cove Rd, Edgartown, MA
- Market: Edgartown, MA
Wendy Harman from Point B Realty represented the buyer in this transaction, while Alyssa M. Halisky from Wallace & Co. Sotheby's International Realty represented the seller.
Players
Edgartown 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
6.36%
Cash-on-Cash
-1.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93