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497 S Westfield St, Agawam,...

Updated Sep 9, 2024

Berkshire Hathaway HomeServices Sells 77-Acre Land Parcel In Agawam, MA For $2.2M
SOLDLand

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

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

Roseanne Casale

Berkshire Hathaway HomeServices

Broker

$2.2M

vol

1 deal

Broker

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

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