Updated Dec 20, 2023
Todd Glaskin Of Coldwell Banker Commercial Sells Industrial/Warehouse Property In Framingham, MA For $1.8M
105 Irving St, Framingham, Massachusetts, USA
$1,800,000
$71/SF
Building Size
25,345 SF
Asset Type
Industrial
Closing
Jun 4, 2020
About this deal
AI
Located at 105 Irving St in Framingham, MA, this industrial/warehouse property was recently sold in a closed transaction. The sale was facilitated by Todd Glaskin of Coldwell Banker Commercial. The property spans a total area of 25,345 square feet, with a sale price of $1,800,000, resulting in a price per square foot of $71.
Summary of transaction details
- Property Type: Industrial/Warehouse
- Transaction Amount: $1,800,000
- Address: 105 Irving St
- Market: Framingham, MA
Todd Glaskin from Coldwell Banker Commercial played a crucial role as the broker in this transaction. The deal highlights the demand for industrial/warehouse properties in Framingham, MA, with a competitive price per square foot of $71. The successful sale marks a significant milestone in the local real estate market.
Players
Framingham Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93