Updated Sep 9, 2024
Berkshire Hathaway HomeServices Sells 77-Acre Land Parcel In Agawam, MA For $2.2M
497 S Westfield St, Agawam, MA 01030
$2,200,000
Building Size
—
Asset Type
Land
Closing
Aug 8, 2023
About this deal
AI
A 77-acre land parcel located at 497 South Westfield Street in Agawam, MA, has been sold for $2,200,000. The transaction took place on August 8, 2023. The property is a land asset and covers an area of 77 acres.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,200,000
- Address: 497 South Westfield Street, Agawam, MA
- Market: Agawam, MA
- Brokers: Roseanne Casale & Thomas Bretta - Berkshire Hathaway HomeServices
This transaction was facilitated by brokers Roseanne Casale and Thomas Bretta from Berkshire Hathaway HomeServices. They played a crucial role in connecting the buyer and seller for the sale of this 77-acre land parcel. The deal showcases their expertise and ability to successfully negotiate real estate transactions in the Agawam, MA market.
Players
Feeding Hills Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93