22-Acre Land Parcel Sold In Dover MA For $2.35 Million By Laura Mastrobuono Of Compass
199 Dedham Street
$2,350,000
Building Size
—
Asset Type
Land
Closing
Aug 22, 2024
AI
A 22-acre parcel of land located at 199 Dedham Street in Dover, MA, was sold for $2.35 million. The property presents an opportunity to build a custom dream home, providing ample space for various amenities such as a barn or a pool.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,350,000
- Address: 199 Dedham Street
- Market: Dover, MA
- Acres: 22
- Broker: Laura Mastrobuono - Compass
Laura Mastrobuono represented the seller in this transaction, facilitating the sale of the land parcel in Dover, MA, which offers considerable potential for development.
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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93