Marcus & Millichap Brokers Facilitate $5.2M Sale Of North Haven Industrial Property
347 State Street, North Haven, CT, USA
$5,161,860
$97/SF
Building Size
53,158 SF
Asset Type
Industrial
Closing
Sep 17, 2021
AI
A industrial property located at 347 State Street in North Haven, CT has been sold for a price of $5,161,860. The property spans an area of 53,158 square feet, resulting in a price per square foot of $97.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $5,161,860
- Square Footage: 53,158
- Price per Square Foot: $97
- Address: 347 State Street, North Haven, CT
- Market: North Haven, CT
The sale was facilitated by the brokers Anthony D’Ambrosia, Cade Kearn, Glen Kunofsky, and Josh Kanter from Marcus & Millichap.
Players
North Haven Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.07%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93