Updated Dec 4, 2024
SOLDLand
Samantha Moynihan Of Century 21 Facilitates $1.2M Land Sale In West Newbury, MA
18 Norino Drive
$1,200,000
Building Size
—
Asset Type
Land
Closing
Feb 27, 2024
About this deal
AI
In West Newbury, MA, a land parcel spanning 4.03 acres at 18 Norino Drive has been sold for $1,200,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,200,000
- Address: 18 Norino Drive
- Market: West Newbury, MA
- Buyer's Rep: Samantha Moynihan - Century 21
- Seller's Rep: Olivares & Molina Team - Realty One Group Nest
The transaction was facilitated by Samantha Moynihan of Century 21 representing the buyer and the Olivares & Molina Team of Realty One Group Nest representing the seller.
Players
West Newbury 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93