Conrad Group Represents Sale Of Industrial Property In Hingham, MA
SOLD
$3,450,000
Massachusetts
See Similar DealsIndustrial26 SF
Sold 12/16/2022
SOLD
Conrad Group Represents Sale Of Industrial Property In Hingham, MA
4 Keith Way, Hingham, Massachusetts 02043, United States
See Similar DealsIndustrial26 SF
Sold 12/16/2022
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$132,692
Total Square Footage:26 SF
Transaction Type:Sale
The industrial property located at 4 Keith Way in Hingham, MA has been sold for $3,450,000. The transaction took place on 12/16/2022. The property spans 26,000 square feet, resulting in a price per square foot of $133.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,450,000
- Date: 12/16/2022
- Address: 4 Keith Way, Hingham, MA
- Market: Hingham, MA
- Square Footage: 26,000
- Price per Square Foot: $133
The sale of this industrial property was facilitated by James McEvoy & Robert Conrad of Conrad Group. They represented the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$184,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12
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