RY Development Acquires 20.50 Acre Development Site In Dover, NH For $1.1M
99 Knox Marsh Road, Dover, New Hampshire 03820, United States
$1,099,000
Building Size
—
Asset Type
Development Site
Closing
Sep 1, 2022
AI
A 20.50-acre development site located at 99 Knox Marsh in Dover, NH has been sold for a price of $1,099,000. The property was acquired by RY Development, LLC.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,099,000
- Address: 99 Knox Marsh, Dover, NH
- Market: Dover, NH
- Buyer: RY Development, LLC
- Buyer's Representative: Dana Rainaud - Keller Williams Coastal Realty
- Seller's Representative: Chris McMahon - Summit Realty Partners
Dana Rainaud from Keller Williams Coastal Realty represented the buyer, RY Development, LLC, in this transaction. Chris McMahon, a representative from Summit Realty Partners, handled the seller's side.
Players
Dover Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.43%
Cash-on-Cash
-4.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93