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199 Dedham Street

22-Acre Land Parcel Sold In Dover MA For $2.35 Million By Laura Mastrobuono Of Compass
SOLDLand

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

Laura Mastrobuono

Compass

Broker

$9.4M

vol

5 deals

Broker

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