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Fletcher Comrie Facilitates $4.1M Sale Of Farm In Sudbury, MA
SOLD
$4,100,000
Massachusetts
See Similar DealsFarm6,235 SF
Sold 03/11/2024
SOLD
Fletcher Comrie Facilitates $4.1M Sale Of Farm In Sudbury, MA
1011 Concord Road
See Similar DealsFarm6,235 SF
Sold 03/11/2024
Summary
MASSACHUSETTS
Asset Type:Farm
Price Per Square Foot:$657
Total Square Footage:6,235 SF
Transaction Type:Sale
A farm located at 1011 Concord Road in Sudbury, MA, was sold for $4,100,000. The property spans 6,235 square feet with a price per square foot of $658.
Summary of transaction details:
- Property Type: Farm
- Transaction Amount: $4,100,000
- Address: 1011 Concord Road
- Market: Sudbury, MA
Fletcher Comrie from Comrie Real Estate represented the buyer, while John Butera from William Raveis Real Estate represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
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