8 North Main Street LLC Acquires 17.62 Acres Of Land On 8 North Main St, Charlton, MA For $1.62M
SOLD
$1,620,000
Massachusetts
See Similar DealsSold 05/27/2022
SOLD
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
See Similar DealsSold 05/27/2022
Summary
MASSACHUSETTS
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,755.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,679.63
Annual Debt Service$92,155.52
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