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113-Acre Land Parcel In Holden, MA Sold For $1.05M With Broker Michael Durkin - LAER Realty Partners
SOLD
$1,050,000
Massachusetts
See Similar DealsLand
Sold 01/17/2024
SOLD
113-Acre Land Parcel In Holden, MA Sold For $1.05M With Broker Michael Durkin - LAER Realty Partners
Land
Sold 01/17/2024
Summary
Asset Type:Land
Transaction Type:Sale
A 113-acre land parcel located on Chapin Road in Holden, MA was sold for $1,050,000. The transaction was facilitated by broker Michael Durkin of LAER Realty Partners.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,050,000
- Address: Chapin Road, Holden, MA
- Market: Holden, MA
- Asset Type: Land
- Acres: 113
Michael Durkin of LAER Realty Partners represented the parties involved in the transaction as the broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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