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20 Triangle Farm Lane

Updated Dec 4, 2024

29.26 Acres Of Land At 20 Triangle Farm Lane Sold For $1.65M In Acton MA
SOLDLand

29.26 Acres Of Land At 20 Triangle Farm Lane Sold For $1.65M In Acton MA

20 Triangle Farm Lane

$1,652,000

Building Size

Asset Type

Land

Closing

Jul 9, 2024

About this deal

AI

A 29.26-acre parcel of undeveloped land at 20 Triangle Farm Lane in Acton, MA, has been sold for a total of $1,652,000. The land is notable for being bordered by conservation land and is recognized as one of the largest undeveloped sites in the area.

Summary of transaction details:

This transaction was facilitated by Steve Nigzus of Harborside Realty, who represented the listing and sale of the property. The deal showcases Steve Nigzus's involvement in the real estate market in Acton, MA.

Players

Steve Nigzus

Harborside Realty

Broker

$1.7M

vol

1 deal

Broker

Acton 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

9.60%

Cash-on-Cash

-2.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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