SOLDLand
Paul Grover Acquires 4.15-Acre Land In Osterville, MA For $2.25M
39 Fox Island Road
$2,250,000
Building Size
—
Asset Type
Land
Closing
Jan 24, 2024
AI
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.
Players
Osterville 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93