Updated Dec 4, 2024
Sotheby's International Realty Represents Buyer & Dover Country Properties Represents Seller In $2.5M Land Sale
Powisset Street
$2,500,000
Building Size
—
Asset Type
Land
Closing
May 24, 2024
About this deal
AI
Lot 4 Powissett St in Dover, MA 02030 sold for $2,500,000, offering an opportunity to build a dream home on its picturesque 4.5+ acre parcel.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $2,500,000
- Location: Powisset Street - Lot 4, Dover, MA
- Market: Dover, MA
- Asset Type: Land
- Acres: 4.54
- Buyer's Representative: Jane Migdol & Nancy Moore - Sotheby's International Realty
- Seller's Representative: Jen Atwood & Nicole Scannell - Dover Country Properties
The transaction was facilitated by Jane Migdol & Nancy Moore from Sotheby's International Realty who represented the buyers, while Jen Atwood & Nicole Scannell from Dover Country Properties served as the seller's representatives in the deal.
On the Map
$2,500,000
Land
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93