Updated Dec 4, 2024
Berkshire Hathaway HomeServices Acquires 22.44-Acre Land Parcel In Southwick, MA For $1,925,000
42 Depot Street
$1,925,000
Building Size
—
Asset Type
Land
Closing
Jan 19, 2024
About this deal
AI
A 22.44-acre land parcel located at 42 Depot Street in Southwick, MA, was sold for $1,925,000. The transaction was handled by Madeline Ceruti of Berkshire Hathaway HomeServices.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,925,000
- Address: 42 Depot Street, Southwick, MA
- Market: Southwick, MA
- Asset Type: Land
- Acres: 22.44
Madeline Ceruti of Berkshire Hathaway HomeServices acted as the broker in the sale of the 22.44-acre land parcel at 42 Depot Street in Southwick, MA.
The land sale at 42 Depot Street in Southwick, Massachusetts sold for $1.9M in 2024. 42 Depot Street is classified as Land on Traded. Madeline Ceruti, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Southwick, Massachusetts file for the 42 Depot Street land sold: pricing, party profiles, and other closed land comps from the same Southwick sit in the Market section below. Filter that Southwick land set by closing date to see what else sold near 42 Depot Street around 2024. Published consideration for 42 Depot Street is $1.9M, dated 2024. Cite this Berkshire Hathaway HomeServices Acquires 22.44-Acre Land Parcel In Southwick, MA For $1,925,000 sale when underwriting similar land product around Southwick, Massachusetts.
Southwick Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93