Updated Dec 4, 2024
Anderson Realty Partners Broker $5M Land Sale In Stoneham, MA
62 High Street
$5,000,000
$3,417/SF
Building Size
1,463 SF
Asset Type
Land
Closing
Mar 22, 2024
About this deal
AI
Located at 62 High Street in Stoneham, MA, this property was recently sold for $5,000,000. The asset, primarily classified as land, spans 1,463 square feet and was purchased at a price per square foot of $3,418.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $5,000,000
- Address: 62 High Street, Stoneham, MA
- Market: Stoneham, MA
- Brokers: Mark Cranfill & Thomas Anderson - Anderson Realty Partners
Mark Cranfill and Thomas Anderson from Anderson Realty Partners facilitated the transaction of 62 High Street in Stoneham, MA. They played crucial roles in negotiating and finalizing the sale of the property, showcasing their expertise in real estate transactions.
Players
Stoneham Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93