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78 Strawberry Hill Street, ...

Updated Dec 19, 2023

Dover Country Properties Acquires Land In Dover, MA For $1.8M
SOLDOther

Dover Country Properties Acquires Land In Dover, MA For $1.8M

78 Strawberry Hill Street, Dover, MA, USA

$1,775,000

$4/SF

Building Size

370,129 SF

Asset Type

Other

Closing

Feb 17, 2021

About this deal

AI

A land located at 78 Strawberry Hill Street in Dover, MA has recently been sold for a price of $1,775,000. The transaction took place on 02/18/2021.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,775,000
  • Address: 78 Strawberry Hill Street, Dover, MA
  • Market: Dover, MA

The seller's representative, Skip Billingham from William Raveis R.E. & Home Services, and the buyer's representative, Jay Hughes from Dover Country Properties Inc., facilitated the sale of this 8.50-acre land. The price per acre (PPA) for this transaction is approximately $208,824.

Players

Skip Billingham

William Raveis Real Estate

Broker

$1.8M

vol

1 deal

Broker

Dover Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $4 per square foot on a published $1.8M for 370,129 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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