facebook
Traded Co logo
Submit
Daily limit: 0/10

Brenda Van Der Merwe Of Hammond Residential Real Estate Represents Buyer In $1.65M Land Sale In Newton MA

Property Image
SOLD
$1,650,000
Jayne Friedberg
Brenda van der Merwe

Massachusetts

See Similar Deals
Land
Sold 07/15/2024
the dealplayerscompscontact
Property Image
SOLD

Brenda Van Der Merwe Of Hammond Residential Real Estate Represents Buyer In $1.65M Land Sale In Newton MA

3 Chapin Road

See Similar Deals
Land
Sold 07/15/2024
Jayne Friedberg
Brenda van der Merwe
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Land
Transaction Type:Sale

A 0.34-acre lot located at Lot 3 Chapin Rd in Newton, MA, has been sold for $1,650,000. This land offers a unique chance for park-like living adjacent to Newton Centre Playground, making it a desirable location. The parcel is one of two approved subdivided lots providing convenient access to top local amenities.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,650,000
  • Address: Chapin Road Lot 3
  • Market: Newton, MA
  • Buyer's Representative: Brenda van der Merwe - Hammond Residential Real Estate
  • Seller's Representative: Jayne Friedberg - Coldwell Banker

This transaction involved Brenda van der Merwe representing the buyer, while the seller was represented by Jayne Friedberg. Both agents are affiliated with well-known real estate companies, ensuring professional handling of the sale.

Players

Jayne Friedberg
Coldwell Banker
Jayne Friedberg
5 deals$17M volume(617) 899-2111
BROKER
Brenda van der Merwe
Hammond Residential Real Estate
Brenda van der Merwe
4 deals$6.7M volume
BROKER

Details

SOLD
IMAGE: Brenda van der Merwe & Jayne Friedberg DATE: 07/15/2024 ADDRESS: Chapin Road Lot 3 MARKET: Newton, MA ASSET TYPE: Land BUYER'S REP: Brenda van der Merwe (@Brenda_VanderMerwe) - Hammond Residential Real Estate (@HammondChestnutHill) SELLER'S REP: Jayne Friedberg (@JayneBennettFriedberg) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,650,000 NOTE: A 0.34-acre lot at Lot 3 Chapin Rd in Newton, MA, sold for $1,650,000, presenting a rare opportunity for park-like living next to Newton Centre Playground. The property, listed by Jayne Friedberg of Coldwell Banker Realty and bought by Brenda van der Merwe of Hammond Residential Real Estate, is one of two approved subdivided parcels with convenient access to top local amenities.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10