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390 Highland St, Weston, Ma...

Coldwell Banker Realty Acquires 20.78 Acres Of Land In Weston For $7.75M
SOLD

Coldwell Banker Realty Acquires 20.78 Acres Of Land In Weston For $7.75M

390 Highland St, Weston, Massachusetts, USA

$7,750,000

$4,769/SF

Building Size

1,625 SF

Asset Type

Closing

Apr 8, 2021

AI

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.

Players

Kathryn Alphas Richlen

Coldwell Banker

Broker

$16.8M

vol

4 deals

Broker

Weston 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

2.05%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93