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Berkshire Hathaway HomeServices Acquires 2.6 Acres Of Land In Osterville, MA
SOLD
$2,350,000
Massachusetts
See Similar DealsLand
Sold 06/06/2023
SOLD
Berkshire Hathaway HomeServices Acquires 2.6 Acres Of Land In Osterville, MA
48 Starboard Ln Osterville, MA 02655, USA
See Similar DealsLand
Sold 06/06/2023
Summary
MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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