Updated Dec 4, 2024
7.5 Acre Land Parcel Sold In Otis For $1.3 Million By Elle Villetto & Jared Kelly
Tyringham Road
$1,300,000
Building Size
—
Asset Type
Land
Closing
Jul 19, 2024
About this deal
AI
A 7.5-acre land parcel located on Tyringham Road in Otis, MA was sold for $1.3 million. The sale reflects the value of the land within the specified market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,300,000
- Address: Tyringham Road
- Market: Otis, MA
- Acres: 7.5
Elle Villetto and Jared Kelly of William Pitt Sotheby's International Realty represented the deal, facilitating the transaction between the involved parties.
The land sale at Tyringham Road in Monterey, Massachusetts sold for $1.3M in 2024. Tyringham Road is classified as Land on Traded. Jared Kelly, Elle Villetto, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Monterey, Massachusetts file for the Tyringham Road land sold: pricing, party profiles, and other closed land comps from the same Monterey sit in the Market section below. Filter that Monterey land set by closing date to see what else sold near Tyringham Road around 2024. Published consideration for Tyringham Road is $1.3M, dated 2024. Cite this 7.5 Acre Land Parcel Sold In Otis For $1.3 Million By Elle Villetto & Jared Kelly sale when underwriting similar land product around Monterey, Massachusetts.
Players
Monterey Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse Monterey land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93