Updated Sep 9, 2024
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
About this deal
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.
On the Map
$1,270,000
$9/SF
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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