Updated Dec 4, 2024
Turpin Realtors Sells 45-Acre Land Parcel In Tewksbury Township For $1.3M
$1,300,000
Building Size
—
Asset Type
Land
Closing
Dec 28, 2023
About this deal
AI
A 45-acre land parcel located at 115 Old Turnpike Road in Tewksbury Township was sold for $1,300,000. The brokers for the transaction were Bryan Seavey and Linda Heffernan of Turpin Realtors.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,300,000
- Acres: 45
- Address: 115 Old Turnpike Road
- Market: Tewksbury Township
Bryan Seavey and Linda Heffernan of Turpin Realtors represented the parties involved in the sale of this 45-acre land parcel located at 115 Old Turnpike Road in Tewksbury Township, which sold for $1,300,000.
Players
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93