Updated May 15, 2025
Town Of Sandwich Acquires 88 Acres Of Land In East Sandwich For $3.3M
225 Discovery Hill Rd
$3,300,000
Building Size
—
Asset Type
Land
Closing
Apr 22, 2025
About this deal
AI
The transaction involved an 88-acre land sale in East Sandwich, MA, comprising three vacant parcels. The sale price was $3,300,000. The specific addresses for the parcels included 225 Discovery Hill Rd, 190-R Discovery Hill Rd, and 116-A Kiah’s Way.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,300,000
- Acres: 88
- Market: East Sandwich, MA
- Sale Date: April 22, 2025
- Broker: John Ciluzzi - Premier Commercial
John Ciluzzi of Premier Commercial successfully brokered the sale, representing the town of Sandwich in this significant acquisition, marking Cape's largest land sale in decades.
On the Map
$3,300,000
Land
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East Sandwich 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93