SOLDMultiFamily
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
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.
Players
Point B RealtyBrokerage
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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