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29 Slough Cove Road, Edgart...

Wendy Harman - Point B Realty Acquires 1.53 Acres Of Land In Edgartown, MA For $2.5M
SOLD

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

Alyssa Halisky

Sotheby's International Realty

Broker

$16.4M

vol

4 deals

Broker
Point B Realty
Point B RealtyBrokerage

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