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Andrew Abu & Lisa Pezzoni Facilitate $1.25M Sale Of 1.72-Acre Land In Southborough, MA
SOLD
$1,250,000
Massachusetts
See Similar DealsLand
Sold 04/17/2024
SOLD
Andrew Abu & Lisa Pezzoni Facilitate $1.25M Sale Of 1.72-Acre Land In Southborough, MA
20 Sears Road
See Similar DealsLand
Sold 04/17/2024
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
In Southborough, MA, 1.72 acres of land located at 20 Sears Road was recently sold for $1.25 million. The transaction was facilitated by Andrew Abu and Lisa Pezzoni of Andrew Abu Realtors, showcasing the sustained interest in land investments within the area.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,250,000
- Location: Southborough, MA
- Address: 20 Sears Road
- Market: Southborough, MA
- Asset Type: Land
- Acres: 1.72
- Brokers: Andrew Abu & Lisa Pezzoni - Andrew Abu Realtors
The sale of the 1.72-acre land at 20 Sears Road demonstrates the expertise of Andrew Abu and Lisa Pezzoni of Andrew Abu Realtors in navigating successful property transactions, solidifying their reputation as key players in real estate deals within the region.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65
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