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25 Gardner Street

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

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

25 Gardner Street

$1,910,000

$377/SF

Building Size

5,060 SF

Asset Type

Farm

Closing

Jun 4, 2024

AI

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

Broker

$5.8M

vol

3 deals

Broker

South Hamilton Farm Market Snapshot

Boundary boundary · Farm · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.31%

Cash-on-Cash

-2.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93