SOLD
Gelineau & Associates, R.E. Acquires Land In Waltham, MA For $1.4M
33 Exchange St, Waltham, MA, USA
$1,400,000
$116/SF
Building Size
12,000 SF
Asset Type
—
Closing
Apr 30, 2020
AI
A land property located at 33 Exchange St in Waltham, MA has been sold for $1,400,000. The transaction took place on April 30, 2021. The property image was shared by Glenna Gelineau on Instagram.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,400,000
- Date: 04/30/2021
- Address: 33 Exchange St
- Market: Waltham, MA
Glenna Gelineau of Gelineau & Associates, R.E. was the broker involved in the sale of this property.
Players
Waltham CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93