Updated Dec 4, 2024
Compass Acquires 3 Acres Of Land In Dover, MA For $2.5M
17 Farm Street
$2,500,000
Building Size
—
Asset Type
Land
Closing
Sep 29, 2023
About this deal
AI
A 3-acre land located at 17 Farm Street in Dover, MA has been recently sold at a price of $2,500,000. The transaction took place on 09/29/2023. The property, represented by Jane Wemyss from Compass, was sold by The Pinnacle Group, represented by Douglas Elliman Real Estate.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,500,000
- Location: 17 Farm Street, Dover, MA
- Market: Dover, MA
- Size: 3 acres
Jane Wemyss from Compass acted as the buyer's representative in this deal, while The Pinnacle Group was represented by Douglas Elliman Real Estate as the seller's representative.
Players
Dover 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93