8 North Main Street LLC Acquires 17.62 Acres Of Land On 8 North Main St, Charlton, MA For $1.62M
8 North Main Street, Charlton, Massachusetts 01507, United States
$1,620,000
Building Size
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Asset Type
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Closing
May 26, 2022
AI
A 17.62-acre parcel of land located at 8 North Main St in Charlton, MA has been sold for a total price of $1,620,000. The sale took place on 05/27/2022 and involved the buyer, 8 North Main Street LLC, and the seller, Triple T Realty Inc.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,620,000
- Address: 8 North Main St, Charlton, MA
- Market: Charlton, MA
- ACRES: 17.62
The deal was facilitated by Michael Jacobs from NAI Glickman Kovago & Jacobs, who represented both the buyer and seller in the transaction.
Players
Charlton 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
9.79%
Cash-on-Cash
-2.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93