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Alle Cutler & John Farrell Close $1.91M Sale Of 25 Gardner Street Farm

Property Image
SOLD
$1,910,000
John Farrell
Alle Cutler

Massachusetts

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Farm5,060 SF
Sold 06/04/2024
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Property Image
SOLD

Alle Cutler & John Farrell Close $1.91M Sale Of 25 Gardner Street Farm

25 Gardner Street

See Similar Deals
Farm5,060 SF
Sold 06/04/2024
John Farrell
Alle Cutler
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Farm
Price Per Square Foot:$377
Total Square Footage:5,060 SF
Transaction Type:Sale

25 Gardner St in Hamilton, MA, sold for $1,910,000, presenting a truly unique estate surrounded by picturesque countryside and spanning 19 acres under conservation easement. The property consists of a 5,060 square foot farm, resulting in a price per square foot of $377.

Summary of transaction details:

Alle Cutler from J Barrett & Company represented the buyer, while John Farrell from Coldwell Banker represented the seller in the transaction involving 25 Gardner St. The deal brought together two experienced real estate professionals for the successful sale of this picturesque estate.

Players

John Farrell
Coldwell Banker
John Farrell
3 deals$5.8M volume
BROKER
Alle Cutler
J Barrett & Company
Alle Cutler
1 deal$1.9M volume(978) 767-5468
BROKER

Details

SOLD
IMAGE: Alle Cutler & John Farrell DATE: 06/04/2024 ADDRESS: 25 Gardner Street MARKET: South Hamilton, MA ASSET TYPE: Farm ~ ACRES: 19.41 BUYER'S REP: Alle Cutler - J Barrett & Company (@JBarrettRealty) SELLER'S REP: John Farrell - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,910,000 SF: 5,060 ~ PPSF: $377 NOTE: 25 Gardner St in Hamilton, MA, sold for $1,910,000, presenting a truly unique estate surrounded by picturesque countryside and spanning 19 acres under conservation easement.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$101,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,785.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,054.37
Annual Debt Service$108,652.49