SOLD
Kendrick Real Estate Represents Buyer In $1.27M Sale Of 3.01 Acre Land In Edgartown, MA
7 Sand Plain Way, Edgartown, MA 02539, USA
$1,270,000
$9/SF
Building Size
131,116 SF
Asset Type
—
Closing
Nov 19, 2021
AI
Located in Edgartown, MA, the property at 7 Sand Plain Way was recently sold. Spanning over 3.01 acres, this piece of land offers a promising investment opportunity.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,270,000
- Address: 7 Sand Plain Way, Edgartown, MA
- Market: Edgartown, MA
- Buyer's Representative: Kathleen Kendrick - Kendrick Real Estate
- Seller's Representative: Katherine Donahue - Sandpiper Realty Inc.
In this transaction, Kathleen Kendrick from Kendrick Real Estate represented the buyer, while Katherine Donahue from Sandpiper Realty Inc. served as the seller's representative.
Edgartown 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
12.49%
Cash-on-Cash
-3.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93