Updated Sep 9, 2024
Century 21 North East Acquires 26.74-Acre Farm In Sherborn, MA For $3.95M
60 Brush Hill Rd Sherborn, MA 01770, USA
$3,950,000
$622/SF
Building Size
6,341 SF
Asset Type
Farm
Closing
Aug 31, 2023
About this deal
AI
A 26.74-acre farm property located at 60 Brush Hill Road in Sherborn, Massachusetts, was recently sold for $3,950,000. The transaction involved Beatriz Gomez of Century 21 North East representing the buyer and Mimi Henning of Barrett Sotheby's International Realty representing the seller. The property offers a total area of 26.74 acres and features a spacious 6,341 square feet of living space. With a price per square foot of $623, this farm property provides a unique opportunity for buyers in the Sherborn market.
Summary of transaction details
- Property Type: Farm
- Transaction Amount: $3,950,000
- Address: 60 Brush Hill Road, Sherborn, MA
- Market: Sherborn, MA
- Buyer's Representative: Beatriz Gomez - Century 21 North East
- Seller's Representative: Mimi Henning - Barrett Sotheby's International Realty
- Size: 26.74 acres
- Square Footage: 6,341
- Price per Square Foot: $623
Beatriz Gomez of Century 21 North East provided representation to the buyer in this transaction. On the other hand, Mimi Henning from Barrett Sotheby's International Realty acted as the seller's representative. The deal represents a significant milestone in the local real estate market, offering a large farm property with ample living space. Buyers in Sherborn, MA, had the opportunity to purchase this unique property through the expertise of Gomez and Henning.
Players
Newton Highlands 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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93