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Noah Pearlstein Of Gibson Sotheby's Brokers $4.5M Plymouth, MA Land Sale
SOLD
$4,500,000
Massachusetts
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Sold 02/15/2024
SOLD
Noah Pearlstein Of Gibson Sotheby's Brokers $4.5M Plymouth, MA Land Sale
4 High Cliff & 7 High Cliff
See Similar DealsLand
Sold 02/15/2024
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
The sale involved 5.52 acres of land located at 4 & 7 High Cliff in Plymouth, MA. The property was sold for $4,500,000.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $4,500,000
- Address: 4 & 7 High Cliff
- Market: Plymouth, MA
- Asset Type: Land
- Acres: 5.52
- Broker: Noah Pearlstein - Gibson Sotheby's International Realty
Noah Pearlstein of Gibson Sotheby's International Realty was the broker who facilitated the sale of the aforementioned 5.52-acre land in Plymouth, MA.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
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