Kendrick Real Estate Represents Buyer In $1.27M Sale Of 3.01 Acre Land In Edgartown, MA
SOLD
$1,270,000
Massachusetts
See Similar Deals131,116 SF
Sold 11/19/2021
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
See Similar Deals131,116 SF
Sold 11/19/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$9
Total Square Footage:131,116 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$67,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,512.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,020.45
Annual Debt Service$72,245.38
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