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15 White Head Road, Cohasse...

Compass Sells 3.2-Acre Land In Cohasset, MA For $3.65M
SOLDLand

Compass Sells 3.2-Acre Land In Cohasset, MA For $3.65M

15 White Head Road, Cohasset, MA 02025

$3,650,000

Building Size

Asset Type

Land

Closing

May 31, 2023

AI

A 3.2-acre land located at 15 White Head Road in Cohasset, MA, has been sold for $3,650,000.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $3,650,000
  • Market: Cohasset, MA
  • Asset Type: Land ~ Acres: 3.2
  • Buyer's Rep: Debra J. Oldham - Preferred Properties Realty Inc
  • Seller's Rep: Brian Warner Dougherty - Compass

Debra J. Oldham from Preferred Properties Realty Inc represented the buyer, while Brian Warner Dougherty from Compass represented the seller in the transaction.

Players

Brian Warner Dougherty

Compass

Broker

$28.7M

vol

4 deals

Broker

Boston 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

4.35%

Cash-on-Cash

-1.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93