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Abby White Represents Seller Land In Concord, MA Sale For $1.665M
SOLD
$1,665,000
Massachusetts
See Similar DealsLand
Sold 03/08/2024
SOLD
Abby White Represents Seller Land In Concord, MA Sale For $1.665M
220 Balls Hill Road
See Similar DealsLand
Sold 03/08/2024
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
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:
Salem Coughlin Group from Compass represented the buyer, while Abby White from Landvest represented the seller in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,915.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,892.95
Annual Debt Service$94,715.39
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