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Sale · Land

Updated Dec 4, 2024

Land In Somerdale Sold For $1.45M With Broker Bryant Lafferty Of RE/MAX Connection Realtors
SOLDLand

Land In Somerdale Sold For $1.45M With Broker Bryant Lafferty Of RE/MAX Connection Realtors

$1,450,000

Building Size

Asset Type

Land

Closing

Aug 25, 2023

About this deal

AI

Land in Somerdale, located on East Evesham Road, was sold for $1,450,000. The sale was brokered by Bryant Lafferty of RE/MAX Connection Realtors.

Summary of transation details

  • Property Type: Land
  • Transaction Amount: $1,450,000
  • Address: East Evesham Road, Somerdale
  • Market: Somerdale
  • Broker: Bryant Lafferty - RE/MAX Connection Realtors

The sale of the land in Somerdale was facilitated by Bryant Lafferty, a broker representing RE/MAX Connection Realtors. The transaction amount for the land was $1,450,000. The property is located on East Evesham Road in Somerdale. Bryant Lafferty played a crucial role in closing the deal, ensuring a successful transaction for all parties involved.

Players

Bryant Lafferty

Re/Max

Broker

$1.5M

vol

1 deal

Broker

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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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