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11 Witchwood Ln, Katama, MA...

Updated Sep 9, 2024

Compass Brokers Sell 1.5-Acre Land In Katama, MA For $3.06M
SOLDLand

Compass Brokers Sell 1.5-Acre Land In Katama, MA For $3.06M

11 Witchwood Ln, Katama, MA 02539

$3,060,000

Building Size

Asset Type

Land

Closing

Jun 1, 2023

About this deal

AI

A 1.5-acre land located at 11 Witchwood Lane in Katama, MA was recently sold for $3,060,000. The sale was facilitated by Compass brokers Trish Lyman and Melanie Prescott.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $3,060,000
  • Address: 11 Witchwood Lane, Katama, MA
  • Market: Katama, MA
  • Asset Type: Land
  • Acres: 1.5

The sale of the 1.5-acre land at 11 Witchwood Lane in Katama, MA was successfully handled by Trish Lyman and Melanie Prescott of Compass.

The land sale at 11 Witchwood Ln, Katama, MA 02539 in Katama, Massachusetts sold for $3.1M in 2023. 11 Witchwood Ln, Katama, MA 02539 is classified as Land on Traded. Trish Lyman, Melanie Prescott, Point B Realty, Compass appear on the sale alongside Point B Realty, Compass. This page is the Katama, Massachusetts file for the 11 Witchwood Ln, Katama, MA 02539 land sold: pricing, party profiles, and other closed land comps from the same Katama sit in the Market section below. Filter that Katama land set by closing date to see what else sold near 11 Witchwood Ln, Katama, MA 02539 around 2023. Published consideration for 11 Witchwood Ln, Katama, MA 02539 is $3.1M, dated 2023. Cite this Compass Brokers Sell 1.5-Acre Land In Katama, MA For $3.06M sale when underwriting similar land product around Katama, Massachusetts.

Players

Melanie Prescott

Compass

Broker

$11.5M

vol

3 deals

Broker

Katama Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.18%

Cash-on-Cash

-1.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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