SOLDFarm
Farm In Wayland, MA Sold For $7.85M With Buyer's Rep Tori MacDowell & Seller's Rep Terry Perlmutter
48 Lincoln Road
$7,850,000
$1,652/SF
Building Size
4,750 SF
Asset Type
Farm
Closing
Jan 10, 2024
AI
The farm property located at 48 Lincoln Road in Wayland, MA, spanning 34.12 acres, was sold for $7,850,000. The transaction took place on 01/10/2024.
Summary of transaction details
- Property Type: Farm
- Transaction Amount: $7,850,000
- Square Footage: 4,750 SF
- Price per Square Foot: $1,653
- Address: 48 Lincoln Road, Wayland, MA
- Market: Wayland, MA
Tori MacDowell from Advisors Living represented the buyer, while Terry Perlmutter from Barrett Sotheby's International Realty represented the seller in the transaction.
Players
Wayland 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
2.02%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93