Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires 46.0 Acres Of Land In Marlborough, MA For $4.5M
Red Spring Road, Marlborough, Massachusetts 01752, United States
$4,452,000
Building Size
—
Asset Type
—
Closing
Dec 29, 2021
About this deal
AI
In Marlborough, MA, a 46.0-acre parcel of land located on Red Spring Rd has been sold for a total amount of $4,452,000. The transaction took place on 12/29/2021.
Summary of transation details
- Property Type: Land
- Transaction Amount: $4,452,000
- Address: Red Spring Rd
- Market: Marlborough, MA
- Asset Type: Land
- Acres: 46.0
Stefanie Ferrecchia from Dora Naves & Associates represented the buyer in this transaction. On the other side, Kevin Curry from Berkshire Hathaway HomeServices Commonwealth Real Estate acted as the seller's representative.
Players
Marlborough 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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93