Updated Dec 4, 2024
Kristin Dewey & Jacob Burke Close $1.025M Land Deal In Marshfield, MA
17 Kent Avenue
$1,025,000
Building Size
—
Asset Type
Land
Closing
May 11, 2024
About this deal
AI
17 Kent Ave in Marshfield, MA, sold for $1,025,000, offering a rare opportunity to own a piece of Olde Rexhame Beach with gated beach access exclusive to neighborhood residents.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,025,000
- Date: 05/11/2024
- Address: 17 Kent Avenue
- Market: Marshfield, MA
Kristin Dewey from Kornerstone Real Estate Brokerage represented the buyer, while Jacob Burke from Compass represented the seller in the deal.
The land sale at 17 Kent Avenue in Marshfield, Massachusetts sold for $1M in 2024. 17 Kent Avenue is classified as Land on Traded. Jacob Burke, Kristin Dewey, Compass, Kornerstone Real Estate Brokerage appear on the sale alongside Compass, Kornerstone Real Estate Brokerage. This page is the Marshfield, Massachusetts file for the 17 Kent Avenue land sold: pricing, party profiles, and other closed land comps from the same Marshfield sit in the Market section below. Filter that Marshfield land set by closing date to see what else sold near 17 Kent Avenue around 2024. Published consideration for 17 Kent Avenue is $1M, dated 2024. Cite this Kristin Dewey & Jacob Burke Close $1.025M Land Deal In Marshfield, MA sale when underwriting similar land product around Marshfield, Massachusetts.
Players
Marshfield Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93