Wendy Harman Sells 4.2 Acres Of Land In Edgartown, MA For $3.3M
SOLD
$3,300,000
Massachusetts
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Wendy Harman Sells 4.2 Acres Of Land In Edgartown, MA For $3.3M
53 North Neck Road, Edgartown, Massachusetts 02539, United States
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MASSACHUSETTS
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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