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95 Eames Street

Edivaldo Drummond Acquires Industrial Asset At 95 Eames Street In Framingham For $2.07M
SOLDIndustrial

Edivaldo Drummond Acquires Industrial Asset At 95 Eames Street In Framingham For $2.07M

95 Eames Street

$2,070,000

Building Size

Asset Type

Industrial

Closing

Apr 11, 2025

AI

The industrial asset located at 95 Eames Street in Framingham, MA, has been sold for a price of $2,070,000. The property spans 9,800 square feet, translating to a price per square foot of $211.

Summary of transaction details:

Seller Jeanette Keene acknowledged the efforts of James Keefe, stating his commitment throughout the sale process, which included advertising, conducting professional showings, negotiating the sale, and ensuring effective communication among all parties involved. Buyer Edivaldo Drummond also expressed appreciation for Keefe's performance, particularly highlighting his patience during the SBA loan approval process amid a challenging political climate.

Players

James Keefe

Greater Boston Commercial Properties

Broker

$42.9M

vol

16 deals

Broker

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

7.66%

Cash-on-Cash

-2.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93