Updated Dec 21, 2023
Fitzgerald & Associates Acquire 4.11 Acres Of Land In Reading, MA For $2.37M
135 Howard Street, Reading, MA 01867, USA
$2,375,000
$1,799/SF
Building Size
1,320 SF
Asset Type
Other
Closing
Apr 19, 2021
About this deal
AI
A 4.11-acre land located at 135-149R Howard St in Reading, MA was recently sold for $2,375,000. The property was listed and represented by Kris Lippi from Get Listed Realty, Llc, while Priscilla Fitzgerald from Fitzgerald & Associates acted as the buyer's representative in the transaction. The sale price of the land equates to approximately $577,859 per acre.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,375,000
- Address: 135-149R Howard St, Reading, MA
- Market: Reading, MA
The sale of the property was facilitated by Kris Lippi from Get Listed Realty, Llc and Priscilla Fitzgerald from Fitzgerald & Associates. The transaction represents a successful deal between the seller's and buyer's representatives, showcasing their expertise in property transactions.
Players
Reading Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93