Updated Dec 19, 2023
Border St Land In Scituate, MA Acquired For $2.35M By Nicholas R. Pratt - LANDVEST, INC. - Boston
Border Street, Scituate, Massachusetts 02066, United States
$2,350,000
Building Size
—
Asset Type
—
Closing
Jan 27, 2022
About this deal
AI
A 17.81 acre piece of land located on Border St in Scituate, MA has been sold for $2,350,000. The transaction was facilitated by Nicholas R. Pratt of LANDVEST, INC. based in Boston.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,350,000
- Date: 01/28/2022
- Address: Border St, Scituate, MA
- Market: Scituate, MA
- Asset Type: Land
- Acreage: 17.81
The sale of this property marks a significant transaction in the real estate market. Nicholas R. Pratt, representing LANDVEST, INC., played a crucial role in facilitating the deal.
Players
Scituate 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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93