Updated Dec 4, 2024
Matthew Harkins Of Walden Realty Group Represents Buyer In Sale Of Land In Weston For $2.375M
50 Laurel Road
$2,375,000
Building Size
—
Asset Type
Land
Closing
Aug 9, 2024
About this deal
AI
The property asset located at 50 Laurel Road in Weston, MA, encompasses 1.67 acres of land. It was sold for $2,375,000, featuring a landscape with mature trees, expansive lawns, and an existing tennis court.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,375,000
- Sale Date: 08/09/2024
- Address: 50 Laurel Road
- Market: Weston, MA
- Acres: 1.67
The buyers were represented by Matthew Harkins from Walden Realty Group, while the seller was represented by The Joni Shore Group of Douglas Elliman Real Estate in this transaction.
On the Map
$2,375,000
Land
View full map
Weston Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse Weston land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93