Updated Dec 4, 2024
Jill Mandragouras & Lynne Hendricks Facilitate $1.225M Land Sale, Newbury, MA
120 Northern Boulevard
$1,225,000
Building Size
—
Asset Type
Land
Closing
Jun 28, 2024
About this deal
AI
A land parcel at 120 Northern Boulevard in Newbury, MA, was sold for $1.225 million. The transaction was facilitated by Jill Mandragouras of Re/Max, representing the buyer, and Lynne Hendricks of Stone Ridge Properties, representing the seller.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,225,000
- Address: 120 Northern Boulevard
- Market: Newbury, MA
Jill Mandragouras from Re/Max and Lynne Hendricks from Stone Ridge Properties were the respective representatives for the buyer and seller in the sale of the land parcel at 120 Northern Boulevard in Newbury, MA.
Newbury Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse Newbury land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93