Updated Oct 29, 2024
David Costa Acquires Industrial Property On 4 Marc Road In Medway For $2.85M
4 Marc Rd, Medway, MA 02053, USA
$2,850,000
$9/SF
Building Size
288,620 SF
Asset Type
Industrial
Closing
Sep 10, 2020
About this deal
AI
The industrial property located at 4 Marc Road in Medway, MA has been sold for a price of $2,850,000. The property spans across 28,862 square feet with a price per square foot of $99.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,850,000
- Address: 4 Marc Road, Medway, MA
- Market: Medway, MA
The seller of the property was 4 Marc Road, LLC, while the buyer was David Costa. The brokers involved in the transaction were Bret O’Brien and Ben Gatti, representing Boston Commercial Properties, Inc.
On the Map
$2,850,000
$9/SF
Industrial
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Players
Medway 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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93