Updated Dec 4, 2024
Bass River Properties Acquires 10.34-Acre Land In Yarmouth Port, MA For $1.1M
252 Union Street & 272 Union Street
$1,100,001
Building Size
—
Asset Type
Land
Closing
Oct 12, 2023
About this deal
AI
A 10.34-acre land parcel located at 252-272 Union Street in Yarmouth Port, Massachusetts, has been sold for $1,100,001. The transaction was facilitated by Jodi Redd ofBass River Properties representing the buyer and Lee Marchildon of Compass representing the seller.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,100,001
- Address: 252-272 Union Street, Yarmouth Port, MA
- Market: Yarmouth Port, MA
- Buyer's Representative: Jodi Redd - Bass River Properties
- Seller's Representative: Lee Marchildon - Compass
Jodi Redd of Bass River Properties acted as the buyer's representative in the transaction, while Lee Marchildon of Compass represented the seller.
Players
Yarmouth Port 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93