Updated Dec 4, 2024
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
About this deal
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.
The land sale at 39 Fox Island Road in Osterville, Massachusetts sold for $2.3M in 2024. 39 Fox Island Road is classified as Land on Traded. Jack "John" Cotton, Paul Grover, Berkshire Hathaway HomeServices, Sotheby's International Realty appear on the sale alongside Berkshire Hathaway HomeServices, Sotheby's International Realty. This page is the Osterville, Massachusetts file for the 39 Fox Island Road land sold: pricing, party profiles, and other closed land comps from the same Osterville sit in the Market section below. Filter that Osterville land set by closing date to see what else sold near 39 Fox Island Road around 2024. Published consideration for 39 Fox Island Road is $2.3M, dated 2024. Cite this Paul Grover Acquires 4.15-Acre Land In Osterville, MA For $2.25M sale when underwriting similar land product around Osterville, Massachusetts.
Players
Osterville Land Market Snapshot
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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