Updated Dec 4, 2024
Land In Nahant, MA Sold For $1.125M With Buyer's Rep Judi Moccia & Seller's Rep Annie Wachtel
11 Spouting Horn Road
$1,125,000
Building Size
—
Asset Type
Land
Closing
Jan 12, 2024
About this deal
AI
Land at 11 Spouting Horn Road in Nahant, MA, was sold for $1,125,000. The transaction involved representation from Judi Moccia of Real Estate & Company for the buyer and Annie Wachtel of Coldwell Banker for the seller.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,125,000
- Address: 11 Spouting Horn Road, Nahant, MA
- Market: Nahant, MA
The buyer's representative in this deal was Judi Moccia from Real Estate & Company, while the seller was represented by Annie Wachtel from Coldwell Banker.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93