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869 Washington St, Canton, ...

Development Site In Canton, MA Sells For $6.4M With Colin Moynihan – Ellis Realty Advisors As The Broker
SOLDDevelopment Site

Development Site In Canton, MA Sells For $6.4M With Colin Moynihan – Ellis Realty Advisors As The Broker

869 Washington St, Canton, MA 02021, USA

$6,400,000

$44/SF

Building Size

143,740 SF

Asset Type

Development Site

Closing

Sep 17, 2020

AI

The development site located at 869 Washington Street in Canton, MA has been sold. The transaction took place on September 18, 2020. The property spans across 143,748 square feet, with a sale price of $6,400,000. This equates to a price per square foot of $45.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $6,400,000
  • Address: 869 Washington Street, Canton, MA
  • Market: Canton, MA
  • Square Footage: 143,748
  • Price per Square Foot: $45

The transaction was facilitated by Colin Moynihan of Ellis Realty Advisors, who represented the parties involved in the deal.

Players

Colin Moynihan

Broker

$9M

vol

2 deals

Broker

Canton Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.48%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93