Jeffrey N Shuman & Vicki Blais Facilitate $2M Land Sale In Lincoln, MA
Old Winter Street
$2,000,000
Building Size
—
Asset Type
Land
Closing
Apr 9, 2024
AI
A plot of land spanning 8.49 acres located on Old Winter Street in Lincoln, MA, was recently sold for $2,000,000. The transaction was brokered by Jeffrey N Shuman of Luxury Residential Group, representing the buyer, and Vicki Blais of Coldwell Banker, representing the seller.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,000,000
- Address: Old Winter Street
- Market: Lincoln, MA
- Asset Type: Land
- Acres: 8.49
- Buyer's Rep: Jeffrey N Shuman - Luxury Residential Group
- Seller's Rep: Vicki Blais - Coldwell Banker
Jeffrey N Shuman of Luxury Residential Group represented the buyer during the sale of the 8.49-acre land parcel, while Vicki Blais, from Coldwell Banker, acted as the seller's representative. The $2,000,000 transaction underscores the successful negotiation between the parties involved in this real estate deal.
Players
Lincoln Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93