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220 Balls Hill Road

Abby White Represents Seller Land In Concord, MA Sale For $1.665M
SOLDLand

Abby White Represents Seller Land In Concord, MA Sale For $1.665M

220 Balls Hill Road

$1,665,000

Building Size

Asset Type

Land

Closing

Mar 8, 2024

AI

A 6.95-acre land parcel located at 220 Balls Hill Road in Concord, MA was sold for $1,665,000.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,665,000
  • Location: Concord, MA
  • Asset Size: 6.95 acres

Salem Coughlin Group from Compass represented the buyer, while Abby White from Landvest represented the seller in the transaction.

Players

Abby White

Landvest

Broker

$1.7M

vol

1 deal

Broker

Concord 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

9.53%

Cash-on-Cash

-2.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93