Updated Sep 5, 2024
Land In Katama, MA Sold For $3.15M With Wendy R. Harman - Compass As The Broker
3 Turkeyland Cove Road, Edgartown, MA 02539
$3,150,000
Building Size
—
Asset Type
MultiFamily
Closing
May 19, 2023
About this deal
AI
A land property located at 3 Turkeyland Cove Road in Katama, MA, was sold for $3,150,000. The property encompasses 3.03 acres.
Summary of transation details
- Property Type: Land
- Transaction Amount: $3,150,000
- Market: Katama, MA
- Acres: 3.03
Wendy R. Harman from Compass represented the seller in this transaction.
The multifamily sale at 3 Turkeyland Cove Road, Edgartown, MA 02539 in Boston, Massachusetts sold for $3.2M in 2023. 3 Turkeyland Cove Road, Edgartown, MA 02539 is classified as Multifamily on Traded. Wendy Harman, Point B Realty appear on the sale alongside Point B Realty. This page is the Boston, Massachusetts file for the 3 Turkeyland Cove Road, Edgartown, MA 02539 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 3 Turkeyland Cove Road, Edgartown, MA 02539 around 2023. Published consideration for 3 Turkeyland Cove Road, Edgartown, MA 02539 is $3.2M, dated 2023. Cite this Land In Katama, MA Sold For $3.15M With Wendy R. Harman - Compass As The Broker sale when underwriting similar multifamily product around Boston, Massachusetts.
On the Map
$3,150,000
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93