facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

traded

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Land

/

Sale

/

Old Winter Street

Jeffrey N Shuman & Vicki Blais Facilitate $2M Land Sale In Lincoln, MA
SOLDLand

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

Vicki Blais

Coldwell Banker

Broker

$2M

vol

1 deal

Broker

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