Updated Dec 4, 2024
Michael Musto & David Mcdonough Close $1.33M Land Sale In Dedham, MA
265 Meadowbrook Road
$1,330,000
Building Size
—
Asset Type
Land
Closing
Feb 15, 2024
About this deal
AI
3.7 acres of land located at 265 Meadowbrook Road in Dedham, MA, was sold for $1,330,000. Michael Musto of RE/MAX Distinct Advantage represented the buyer, while David McDonough of Coldwell Banker represented the seller in this transaction.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,330,000
- Address: 265 Meadowbrook Road, Dedham, MA
- Market: Dedham, MA
- Buyer's Rep: Michael Musto - RE/MAX Distinct Advantage
- Seller's Rep: David Mcdonough - Coldwell Banker
Michael Musto of RE/MAX Distinct Advantage represented the buyer, while David McDonough of Coldwell Banker represented the seller in the sale of the 3.7-acre land at 265 Meadowbrook Road in Dedham, MA for $1,330,000.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.93%
Cash-on-Cash
-3.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93