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22-Acre Land Parcel Sold In Dover MA For $2.35 Million By Laura Mastrobuono Of Compass
SOLD
$2,350,000
Massachusetts
See Similar DealsLand
Sold 08/22/2024
SOLD
22-Acre Land Parcel Sold In Dover MA For $2.35 Million By Laura Mastrobuono Of Compass
199 Dedham Street
See Similar DealsLand
Sold 08/22/2024
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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