Updated Sep 5, 2024
Jarrett Hurwitz Of Keller Williams Sells Development Site In Edgartown, MA For $2.1M
11 Brown Road, Edgartown, Massachusetts 02539, United States
$2,100,000
$15/SF
Building Size
132,422 SF
Asset Type
Development Site
Closing
Apr 24, 2022
About this deal
AI
Located in Edgartown, MA, the development site at 11 Brown Road has been sold for $2,100,000. This property spans 132,422 square feet, resulting in a price per square foot of $16. The transaction took place on April 25, 2022 and was facilitated by Jarrett Hurwitz from Keller Williams.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,100,000
- Square Footage: 132,422
- Price Per Square Foot: $16
- Address: 11 Brown Road, Edgartown, MA
- Market: Edgartown, MA
Jarrett Hurwitz from Keller Williams represented the parties involved in this transaction.
Edgartown Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93