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Winder Realty And Douglas Elliman Facilitate $1M Land Sale In Needham, MA

Property Image
SOLD
$1,000,000
Bill Chandler
Tania Wong
+ 1

Massachusetts

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Single Family
Sold 10/16/2023
the dealplayerscompscontact
Property Image
SOLD

Winder Realty And Douglas Elliman Facilitate $1M Land Sale In Needham, MA

58 Woodbine Circle

See Similar Deals
Single Family
Sold 10/16/2023
Bill Chandler
Tania Wong
+ 1
Contact now

Summary

MASSACHUSETTS
Asset Type:Single Family
Transaction Type:Sale

An asset comprised of land located at 58 Woodbine Circle in Needham, Massachusetts, has recently been sold for a sum of $1 million. The transaction was facilitated by Tyler Winder from Winder Realty, who represented the buyer, and Beth Chandler, Bill Chandler, and Tania Wong from Douglas Elliman, who represented the seller.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,000,000
  • Address: 58 Woodbine Circle
  • Market: Needham, MA

The sale of the land asset at 58 Woodbine Circle in Needham, Massachusetts was successfully conducted with the assistance of Tyler Winder from Winder Realty, serving as the buyer's representative, and Beth Chandler, Bill Chandler, and Tania Wong from Douglas Elliman, acting as the seller's representatives. The transaction was concluded for a total of $1 million.

Players

Beth Chandler
1 deal$1M volume(617) 233-4689
BROKER

Bill Chandler
Douglas Elliman
1 deal$1M volume(781) 929-0159
BROKER

Tania Wong
Douglas Elliman
1 deal$1M volume
BROKER

Tyler Winder
3 deals$4.9M volume(857) 507-4501
BROKER

Details

SOLD
IMAGE: Tania Wong, Bill Chandler, Beth Chandler & Tyler Winder DATE: 10/16/2023 ADDRESS: 58 Woodbine Circle MARKET: Needham, MA ASSET TYPE: Land BUYER'S REP: Tyler Winder (@MR_Winder) - Winder Realty SELLER'S REP: Beth Chandler, Bill Chandler & Tania Wong - Douglas Elliman (@DouglasElliman) SALE PRICE: $1,000,000 NOTE: In Needham, Massachusetts, a land asset at 58 Woodbine Circle has been sold for $1 million, with the transaction facilitated by Winder Realty, represented by Tyler Winder, and Douglas Elliman, represented by Beth Chandler, Bill Chandler, and Tania Wong.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12