SOLDFarm
Farm Property In Sherborn, MA Sells For $2M With Buyer's Rep Martha Schleck And Seller's Rep Laura Mastrobuono
37 Nason Hill Road
$2,000,000
$494/SF
Building Size
4,047 SF
Asset Type
Farm
Closing
Oct 24, 2023
AI
A farm property spanning 4.58 acres at 37 Nason Hill Road in Sherborn, MA, has been sold for $2,000,000. The property features a total of 4,047 square feet, with a price per square foot of $494.
Summary of transaction details
- Property Type: Farm
- Transaction Amount: $2,000,000
- Address: 37 Nason Hill Road, Sherborn, MA
- Market: Sherborn, MA
- Square Footage: 4,047
Martha Schleck of William Raveis Real Estate - Needham represented the buyer in this transaction. Laura Mastrobuono from Compass served as the seller's representative.
Players
Sherborn Farm Market Snapshot
Boundary boundary · Farm · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93