Compass Represents Sale Of Sherborn Farm For $1.9M
198 South Main Street, Sherborn, Massachusetts 01770, United States
$1,893,250
$366/SF
Building Size
5,162 SF
Asset Type
Other
Closing
May 2, 2022
AI
A 6.4-acre farm located at 198 S Main St in Sherborn, MA has been sold for $1,893,250. The property, spanning 5,162 square feet, was sold on 05/03/2022. Laura Mastrobuono of Compass represented the seller, while The Powissett Group, also of Compass, represented the buyer. The sale price per square foot was $367.
Summary of transaction details
- Property Type: Farm
- Transaction Amount: $1,893,250
- Date: 05/03/2022
- Address: 198 S Main St, Sherborn, MA
- Square Footage: 5,162
- Market: Sherborn, MA
- Buyer's Representative: The Powissett Group - Compass
- Seller's Representative: Laura Mastrobuono - Compass
Laura Mastrobuono, representing the seller, and The Powissett Group of Compass, representing the buyer, played crucial roles in facilitating the transaction. Together, they ensured a successful sale of the 6.4-acre farm at 198 S Main St in Sherborn, MA.
Players
Sherborn Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.38%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93