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2 Lewis Street

Updated Dec 4, 2024

Coastal Point Properties Acquires 10.8-Acre Land In East Falmouth, MA For $1.4M
SOLDLand

Coastal Point Properties Acquires 10.8-Acre Land In East Falmouth, MA For $1.4M

2 Lewis Street

$1,400,000

Building Size

Asset Type

Land

Closing

Oct 17, 2023

About this deal

AI

A 10.8-acre land parcel located at 2 Lewis Street in East Falmouth, MA, has been sold for $1.4 million. The transaction was completed on October 17, 2023. Sofia Naoom of Coastal Point Properties represented the buyer, while Valentina Globa of EXP Realty acted as the seller's representative in the deal.

Summary of transation details

Note: A 10.8-acre land parcel at 2 Lewis Street in East Falmouth, MA, has been sold for $1.4 million. Sofia Naoom of Coastal Point Properties represented the buyer, while Valentina Globa of EXP Realty served as the seller's representative in the transaction.

Players

Valentina Globa

EXP Realty

Broker

$1.4M

vol

1 deal

Broker

East Falmouth 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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