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35 Mount Aldworth Road

Compass And Sotheby's Int. Realty Facilitate $1.2M Sale Of Vineyard Haven Land
SOLDLand

Compass And Sotheby's Int. Realty Facilitate $1.2M Sale Of Vineyard Haven Land

35 Mount Aldworth Road

$1,200,000

Building Size

Asset Type

Land

Closing

Aug 22, 2023

AI

A land parcel located at 35 Mount Aldworth Road in Vineyard Haven, MA was sold for $1,200,000. The transaction was facilitated by Compass, representing the buyer Andrew McElhinney, and Sotheby's International Realty, representing the seller Alyssa Halisky. The property, a piece of land, was sold at the mentioned price.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,200,000
  • Address: 35 Mount Aldworth Road, Vineyard Haven, MA
  • Market: Vineyard Haven, MA

Andrew McElhinney, representing the buyer, worked with Compass in this transaction. Alyssa Halisky, representing the seller, worked with Wallace & Co. Sotheby's International Realty. Both parties, along with their respective companies, played a vital role in the successful completion of the sale process.

Players

Andrew McElhinney

Compass

Broker

$12.4M

vol

4 deals

Broker

Vineyard Haven 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93