Updated Sep 5, 2024
Weston, MA Land Sold For $1.53M By Acre Property Advisors & Gibson Sotheby's Int'l Realty
40 Myles Standish Road
$1,530,000
Building Size
—
Asset Type
Land
Closing
Aug 21, 2023
About this deal
AI
A 1.48-acre land parcel located at 40 Myles Standish Road in Weston, MA, was sold for $1,530,000. The transaction was facilitated by Acre Property Advisors LLC and Sotheby's International Realty.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,530,000
- Address: 40 Myles Standish Road, Weston, MA
- Market: Weston, MA
- Asset Type: Land
- Acres: 1.48
The buyer's representative for this transaction was Jonathan Caldwell from Acre Property Advisors LLC. On the other hand, the seller's representatives were Ashleigh Ralls, Jill Simon, Sheryl Simon, and Stacey Gilman from Gibson Sotheby's International Realty.
Players
Weston Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.37%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93