Updated Dec 18, 2023
Bruce Beni Of Lee Real Estate Brokers $1.35M Sale Of 7.69 Acre Land On Nantucket, MA
4 Cathcart Road, Nantucket, Massachusetts 02554, United States
$1,350,000
$4/SF
Building Size
335,009 SF
Asset Type
—
Closing
Jan 6, 2022
About this deal
AI
A 7.69-acre land located at 4 Cathcart Rd in Nantucket, MA has been sold for a price of $1,350,000. The transaction took place on January 7, 2022. The property was listed by Bruce Beni from Lee Real Estate. The sale was facilitated by Bruce Beni of Lee Real Estate.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,350,000
- Address: 4 Cathcart Rd, Nantucket, MA
- Market: Nantucket, MA
The sale of the 7.69-acre land at 4 Cathcart Rd in Nantucket, MA was successfully closed with a sale price of $1,350,000 on January 7, 2022. Bruce Beni from Lee Real Estate represented the seller in this transaction. Please note that no additional information was available regarding this deal.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93