FCA Acquires Commercial Property On Beech St In Framingham For $407.5K
6 Beech St, Framingham, MA, 01702
$407,500
$135/SF
Building Size
3,000 SF
Asset Type
Commercial
Closing
Nov 20, 2023
AI
The property at 6 Beech St, Framingham, MA, 01702 is a 3,000 square foot Victorian styled building that was marketed for both business and residential use. Marlene Aron of Metrowest Commercial Real Estate facilitated the sale of this commercial property to FCA for $407,500.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $407,500.00
- Market: Framingham
- Seller's Rep: Marlene Aron (Metrowest Commercial Real Estate)
- Buyer: FCA
In addition to the property on Beech St, Marlene Aron also recently sold two other properties in Framingham totaling $1.58 million. These sales include a renovated office building on Franklin St and an industrial building on Irving St.
Players
Framingham Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
38.93%
Cash-on-Cash
-11.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93