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Joanna Dresser Of Landvest Brokers $1M Sale Of 11.85-Acre Land In Wareham, MA
SOLD
$1,000,000
Massachusetts
See Similar DealsLand
Sold 02/02/2024
SOLD
Joanna Dresser Of Landvest Brokers $1M Sale Of 11.85-Acre Land In Wareham, MA
28 Towhee Road
See Similar DealsLand
Sold 02/02/2024
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
An 11.85-acre land parcel located at 28 Towhee Road in Wareham, MA, was recently sold for $1 million. Joanna Dresser of Landvest facilitated the transaction.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,000,000
- Address: 28 Towhee Road
- Market: Wareham, MA
- Broker: Joanna Dresser - Landvest
The sale of the 11.85-acre land parcel at 28 Towhee Road in Wareham, MA, for $1 million was made possible through the representation of Joanna Dresser from Landvest.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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