Updated Oct 29, 2024
Fuhet Trading Inc. Acquires Industrial Property In Walpole For $1.86M
52 School Street, Walpole, MA, USA
$1,860,000
$45/SF
Building Size
41,252 SF
Asset Type
Industrial
Closing
Jun 25, 2020
About this deal
AI
Located at 50-52 School Street in Walpole, this industrial property was recently sold on June 26, 2020. Spanning a total of 41,252 square feet, the property boasts a selling price of $1,860,000, resulting in a price per square foot of $45.05.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,860,000
- Square Footage: 41,252
- Price Per Square Foot: $45.05
- Market: Walpole
The seller, Atlantic Commercial Real Estate, LLC represented by Mark F. Kearins, successfully closed the deal with the buyer, Fuhet Trading Inc.
Players
Walpole 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
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93