Updated Sep 5, 2024
Wendy Harman Sells 4.2 Acres Of Land In Edgartown, MA For $3.3M
53 North Neck Road, Edgartown, Massachusetts 02539, United States
$3,300,000
Building Size
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Asset Type
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Closing
Apr 17, 2023
About this deal
AI
Located in Edgartown, MA, on 53 N Neck Road, a 4.2-acre land parcel was recently sold for an impressive price of $3,300,000. The transaction took place on December 22, 2022, according to public records.
Summary of transaction details
- Property Type: Land
- Sale Price: $3,300,000
- Address: 53 N Neck Road, Edgartown, MA
- Market: Edgartown, MA
- Size: 4.2 acres
The sale was facilitated by Wendy Harman from Compass, who represented the buyer or seller in the transaction. Wendy Harman is a renowned broker in the area, known for her expertise in the Edgartown market.
On the Map
$3,300,000
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Edgartown CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93