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37 Nason Hill Road

Farm Property In Sherborn, MA Sells For $2M With Buyer's Rep Martha Schleck And Seller's Rep Laura Mastrobuono
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

Laura Mastrobuono

Compass

Broker

$9.4M

vol

5 deals

Broker

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