Updated Dec 20, 2023
Nancy Pallotta & Ronald Buck Sell Land On Mayflower Road In Winchester, MA For $1.225M
22 Mayflower Road, Winchester, Massachusetts, USA
$1,225,000
$434/SF
Building Size
2,820 SF
Asset Type
Development Site
Closing
Feb 23, 2021
About this deal
AI
The property asset involved in this closed transaction is a piece of land located at 22 Mayflower Road, Winchester, MA. The transaction took place on February 24, 2021, and was a sale. The property was sold for a total price of $1,225,000.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,225,000
- Market: Winchester, MA
The deal was facilitated by Ronald Buck and Nancy Pallotta, who are representatives from Leading Edge Real Estate.
The development site sale at 22 Mayflower Road, Winchester, Massachusetts, USA in Winchester, Massachusetts sold for $1.2M in 2021. The building is 2,820 square feet, implying about 434 per square foot on the published price. Ronald (Ron) Buck, Nancy Pallotta, Leading Edge Real Estate appear on the sale alongside Leading Edge Real Estate. This page is the Winchester, Massachusetts file for the 22 Mayflower Road, Winchester, Massachusetts, USA development site sold: pricing, party profiles, and other closed development site comps from the same Winchester sit in the Market section below. Filter that Winchester development site set by closing date to see what else sold near 22 Mayflower Road, Winchester, Massachusetts, USA around 2021. Published consideration for 22 Mayflower Road, Winchester, Massachusetts, USA is $1.2M, dated 2021. Cite this Nancy Pallotta & Ronald Buck Sell Land On Mayflower Road In Winchester, MA For $1.225M sale when underwriting similar development site product around Winchester, Massachusetts.
Players
Winchester 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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93