Updated Dec 4, 2024
Collins Team & Lake Realty Close $1.005M Land Sale In Webster, MA
179 Upper Gore Road
$1,005,000
Building Size
—
Asset Type
Land
Closing
Apr 30, 2024
About this deal
AI
Located at 179 Upper Gore Road in Webster, MA, this transaction involved the sale of 76 acres of land. The property was sold for $1,005,000, with the buyer represented by Collins Team of Collins & Demac Real Estate, and the seller represented by Jules Lusignan of Lake Realty.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,005,000
- Address: 179 Upper Gore Road
- Market: Webster, MA
- Asset Type: Land
- Acres: 76
- Buyer's Rep: Collins Team - Collins & Demac Real Estate
- Seller's Rep: Jules Lusignan - Lake Realty
Collins & Demac Real Estate, representing the buyer, facilitated the acquisition of the 76-acre land parcel. Jules Lusignan of Lake Realty, acting as the seller's representative, successfully closed the deal at the noted price.
Players
Webster 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
15.78%
Cash-on-Cash
-4.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93