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9 Bayberry Ave, Province to...

Updated Sep 5, 2024

Provincetown Land Parcel At 9 Bayberry Avenue Sold For $1.1M With Buyer's Reps Devin Coutu & Rick Tourgee - Gibson Sotheby's And Seller's Rep Pamela Puffer Anthony - BHHS Robert Paul
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Provincetown Land Parcel At 9 Bayberry Avenue Sold For $1.1M With Buyer's Reps Devin Coutu & Rick Tourgee - Gibson Sotheby's And Seller's Rep Pamela Puffer Anthony - BHHS Robert Paul

9 Bayberry Ave, Province town, MA 02657, USA

$1,100,000

Building Size

Asset Type

Land

Closing

Aug 15, 2023

About this deal

AI

In Provincetown, Massachusetts, a land parcel at 9 Bayberry Avenue was sold for $1,100,000. The transaction was facilitated with representation from Devin Coutu and Rick Tourgee of Gibson Sotheby's International Realty acting as the buyer's representatives, and Pamela Puffer Anthony of Berkshire Hathaway HomeServices Robert Paul Properties representing the seller.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,100,000
  • Address: 9 Bayberry Avenue
  • Market: Provincetown, MA

Devin Coutu and Rick Tourgee from Gibson Sotheby's International Realty served as the buyer's representatives in the deal. On the other hand, Pamela Puffer Anthony represented the seller on behalf of Berkshire Hathaway HomeServices Robert Paul Properties.

Players

Devin Coutu

Sotheby's International Realty

Broker

$2.7M

vol

2 deals

Broker

Provincetown 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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