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Berkshire Hathaway HomeServices Acquires Land On Bay Shore Drive, North Falmouth For $1.67M
SOLD
Manufactured Home
Sold 12/07/2023
Summary
Asset Type:Manufactured Home
Transaction Type:Sale
A parcel of land located on Bay Shore Drive in North Falmouth, MA, was recently sold for $1,670,000. The transaction, facilitated by brokers Barbara Hussey, Lynn O'Neill, Mary Kaminski, and Amy Lynn Delgado of Berkshire Hathaway HomeServices.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,670,000
- Address: Bay Shore Drive, North Falmouth, MA
- Market: North Falmouth, MA
The sale of this land was handled by Barbara Hussey, Lynn O'Neill, Mary Kaminski, and Amy Lynn Delgado, all representatives from Berkshire Hathaway HomeServices.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,933.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,916.65
Annual Debt Service$94,999.82
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