Updated Dec 18, 2023
Berkshire Hathaway Homeservices Acquires 13.5 Acre Land In Grafton, MA For $1.1M
296 Upton Street, Grafton, Massachusetts 01519, United States
$1,100,000
Building Size
—
Asset Type
—
Closing
Jan 20, 2022
About this deal
AI
A 13.5-acre land located at 296 Upton St, Grafton, MA was recently sold for $1,100,000. The transaction took place on January 21, 2022 and was facilitated by Jammie Geddis from Century 21 Xsell Realty, who represented the buyer, and Lisa Paulette from Berkshire Hathaway Homeservices Commonwealth Real Estate, who represented the seller.
Summary of transaction details:
- Property Type: Land
- Sale Price: $1,100,000
- Address: 296 Upton St, Grafton, MA
- Market: Grafton, MA
- Buyer's Representative: Jammie Geddis - Century 21 Xsell Realty
- Seller's Representative: Lisa Paulette - Berkshire Hathaway Homeservices Commonwealth Real Estate
Jammie Geddis from Century 21 Xsell Realty played a significant role in representing the buyer in this land transaction. Lisa Paulette, a representative from Berkshire Hathaway Homeservices Commonwealth Real Estate, worked on behalf of the seller. The deal highlights their expertise and commitment to delivering successful real estate transactions in the Grafton, MA market.
Players
Grafton CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93