Updated Dec 21, 2023
Kinlin Grover North Falmouth Represents Seller In $2M Land Sale In Bourne, MA
440 Wings Neck Road, Pocasset, Massachusetts 02559, United States
$2,000,000
$12/SF
Building Size
161,172 SF
Asset Type
—
Closing
Dec 30, 2021
About this deal
AI
A 3.7-acre land located at 440 Wings Neck Rd in Bourne, MA was recently sold for $2,000,000. The sale of this property was facilitated by The Kenny-heisler Team from Kinlin Grover North Falmouth. The transaction took place on December 30, 2021.
Summary of transation details
- Property Type: Land
- Transaction Amount: $2,000,000
- Address: 440 Wings Neck Rd, Bourne, MA
- Market: Bourne, MA
- Asset Type: Land
- Acres: 3.7
Lisa Kenny captured an image of the property, showcasing its unique features. This sale transaction highlights the Kenny-heisler Team's expertise in brokering such deals in the Bourne, MA market.
Players
Pocasset 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93