Updated Dec 4, 2024
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
About this deal
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.
On the Map
$2,350,000
Land
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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