Coldwell Banker Realty Acquires 20.78 Acres Of Land In Weston For $7.75M
SOLD
$7,750,000
Massachusetts
See Similar Deals1,625 SF
Sold 04/09/2021
SOLD
Coldwell Banker Realty Acquires 20.78 Acres Of Land In Weston For $7.75M
390 Highland St, Weston, Massachusetts, USA
See Similar Deals1,625 SF
Sold 04/09/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$4,769
Total Square Footage:1,625 SF
Transaction Type:Sale
A 20.78-acre land located at 390 Highland St in Weston, MA has been sold for a price of $7,750,000. The transaction took place on 04/09/2021. The property, represented by Kathryn Alphas Richlen of Coldwell Banker Realty - Weston, offers a PPA (Price Per Acre) of $372,955.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $7,750,000
- Market: Weston, MA
- Address: 390 Highland St
- Agent: Kathryn Alphas Richlen - Coldwell Banker Realty - Weston
- Acres: 20.78
- PPA: $372,955
This sale of the land at 390 Highland St in Weston, MA was facilitated by Kathryn Alphas Richlen from Coldwell Banker Realty - Weston. The deal closed on 04/09/2021, and the property encompasses 20.78 acres.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$413,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,534.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,738.95
Annual Debt Service$440,867.45
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