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Compass Sells 3.2-Acre Land In Cohasset, MA For $3.65M
SOLD
$3,650,000
Massachusetts
See Similar DealsLand
Sold 05/31/2023
SOLD
Compass Sells 3.2-Acre Land In Cohasset, MA For $3.65M
15 White Head Road, Cohasset, MA 02025
See Similar DealsLand
Sold 05/31/2023
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$194,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,967.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,302.86
Annual Debt Service$207,634.35
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