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Compass Brokers Sell 1.5-Acre Land In Katama, MA For $3.06M
SOLD
$3,060,000
Massachusetts
See Similar DealsLand
Sold 06/01/2023
SOLD
Compass Brokers Sell 1.5-Acre Land In Katama, MA For $3.06M
11 Witchwood Ln, Katama, MA 02539
See Similar DealsLand
Sold 06/01/2023
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$163,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,871.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,505.96
Annual Debt Service$174,071.53
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