Updated Dec 19, 2023
HomeLand Realty Acquires 1.03 Acres Of Land In Dennis, MA For $1.8M
65 Scarsdale Road, Dennis, Massachusetts 02638, United States
$1,800,000
Building Size
—
Asset Type
—
Closing
May 3, 2022
About this deal
AI
The property involved in this closed transaction is a land located at 65 Scarsdale Rd in Dennis, MA. The land spans across approximately 1.03 acres. The transaction, which took place on 05/04/2022, was facilitated by brokers Betsy Ciarcia and Gerry Ciarcia from HomeLand Realty.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,800,000
- Address: 65 Scarsdale Rd, Dennis, MA
- Market: Dennis, MA
- Brokers: Betsy Ciarcia & Gerry Ciarcia from HomeLand Realty
It is noteworthy that Betsy Ciarcia and Gerry Ciarcia, representing HomeLand Realty, played a crucial role in this deal. Their expertise and guidance contributed to the successful transaction of the land at 65 Scarsdale Rd.
Players
Dennis 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93