Updated Sep 9, 2024
Berkshire Hathaway HomeServices Acquires 2.6 Acres Of Land In Osterville, MA
48 Starboard Ln Osterville, MA 02655, USA
$2,350,000
Building Size
—
Asset Type
Land
Closing
Jun 6, 2023
About this deal
AI
A 2.6-acre land located in Osterville, MA at 48 Starboard Lane has recently been sold for $2,350,000. The transaction was facilitated by Robert B. Kinlin of Berkshire Hathaway HomeServices Robert Paul Properties.
Summary of transaction details:
- Property Type: Land (2.6 acres)
- Transaction Amount: $2,350,000
- Address: 48 Starboard Lane, Osterville, MA
- Market: Osterville, MA
- Broker: Robert B. Kinlin - Berkshire Hathaway HomeServices Robert Paul Properties
The sale of this 2.6-acre land in Osterville, MA was successfully completed with the assistance of Robert B. Kinlin, who represents Berkshire Hathaway HomeServices Robert Paul Properties in the transaction.
On the Map
$2,350,000
Land
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93