Updated Sep 9, 2024
Horvath & Tremblay Brokers Sell Mixed-Use Property In Branford, CT For $1.19M
562-567 Main Street, Branford, Connecticut 06405, United States
$1,190,000
$198,333/SF
Building Size
6 SF
Asset Type
Mixed-use
Closing
Nov 18, 2022
About this deal
AI
The mixed-use property located at 562-567 Main St in Branford, CT has been sold for a price of $1,190,000. The property spans a total area of 6,000 square feet, resulting in a price per square foot of $198. The transaction was facilitated by Tom Connor, Bob Horvath, Todd Tremblay, and Matt Nadler of Horvath & Tremblay.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,190,000
- Address: 562-567 Main St, Branford, CT
- Market: Branford, CT
- Brokers: Tom Connor, Bob Horvath, Todd Tremblay, and Matt Nadler - Horvath & Tremblay
- Square Footage: 6,000 SF
- Price per Square Foot: $198
This successful transaction involved Tom Connor, Bob Horvath, Todd Tremblay, and Matt Nadler representing Horvath & Tremblay. Their expert guidance and negotiation skills contributed to the completion of this deal, showcasing their prowess in the real estate market.
Players
Branford Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew (Matt) Nadler to view all their deals.
Browse Connecticut mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93