Updated Dec 21, 2023
Michelle Larnard Real Estate Group Acquires 16 Acres Of Land In Norwell, MA For $1.3M
298 Circuit Street, Norwell, Massachusetts 02061, United States
$1,375,000
Building Size
—
Asset Type
—
Closing
Jan 23, 2022
About this deal
AI
A land property located at 298 Circuit St in Norwell, MA has been sold for a total price of $1,375,000. The transaction took place on January 24, 2022.
Summary of transaction details
- Property Type: Land
- Sale Price: $1,375,000
- Address: 298 Circuit St, Norwell, MA
- Market: Norwell, MA
- Asset Type: Land
- Acres: 16
Michelle Larnard from Michelle Larnard Real Estate Group LLC represented the buyer in this transaction, and Colleen A. Brennan-Russo from Marina Bay Properties served as the seller's representative.
Norwell 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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93