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Adam Umina Of Metro Realty Corp Acquires Farm As Buyer's Rep In Wayland, MA For $3.4M
SOLD
$3,400,000
Massachusetts
See Similar DealsFarm6,256 SF
Sold 01/26/2024
SOLD
Adam Umina Of Metro Realty Corp Acquires Farm As Buyer's Rep In Wayland, MA For $3.4M
18 Audubon Road
See Similar DealsFarm6,256 SF
Sold 01/26/2024
Summary
MASSACHUSETTS
Asset Type:Farm
Price Per Square Foot:$543
Total Square Footage:6,256 SF
Transaction Type:Sale
A farm property located at 18 Audubon Road in Wayland, MA, was sold for $3,400,000. The property spans 6,256 square feet with a price per square foot of $543.
Summary of transaction details:
- Property Type: Farm
- Transaction Amount: $3,400,000
- Address: 18 Audubon Road
- Market: Wayland, MA
Adam Umina from Metro Realty Corp served as the buyer's representative in the deal, while Eileen Balicki of Advisors Living represented the seller. The transaction was successfully facilitated between the two parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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