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Paul Grover Acquires 4.15-Acre Land In Osterville, MA For $2.25M
SOLD
$2,250,000
Massachusetts
See Similar DealsLand
Sold 01/24/2024
SOLD
Paul Grover Acquires 4.15-Acre Land In Osterville, MA For $2.25M
39 Fox Island Road
See Similar DealsLand
Sold 01/24/2024
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
A 4.15-acre land parcel located at 39 Fox Island Road in Osterville, MA, was sold for $2,250,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,250,000
- Location: 39 Fox Island Road, Osterville, MA
- Market: Osterville, MA
- Buyer's Representative: Paul Grover - Berkshire Hathaway HomeServices
- Seller's Representative: Jack "John" Cotton - Sotheby's International Realty
Paul Grover from Berkshire Hathaway HomeServices represented the buyer in the transaction, while Jack "John" Cotton from Sotheby's International Realty represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,993.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,666.15
Annual Debt Service$127,993.77
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