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22 Nelson Avenue

Updated Dec 4, 2024

Land Parcels In Provincetown, MA Sold For $1.27M With Baldwin As The Broker
SOLDLand

Land Parcels In Provincetown, MA Sold For $1.27M With Baldwin As The Broker

22 Nelson Avenue & 22R Nelson Ave

$1,270,000

Building Size

Asset Type

Land

Closing

Dec 7, 2023

About this deal

AI

Land parcels at 22 Nelson Avenue and 22R Nelson Ave in Provincetown, MA, were recently sold for a total of $1,270,000. The transaction was handled by broker Gregory Baldwin of Christie's International Real Estate.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,270,000
  • Address: 22 & 22R Nelson Ave, Provincetown, MA
  • Market: Provincetown, MA
  • Broker: Gregory Baldwin - Christie's International Real Estate

Gregory Baldwin of Christie's International Real Estate represented the involved parties in the transaction of the land parcels located at 22 Nelson Avenue and 22R Nelson Ave in Provincetown, MA.

Players

Gregory Baldwin

Christie's International Real Estate

Broker

$7M

vol

3 deals

Broker

Provincetown 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

12.49%

Cash-on-Cash

-3.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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