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62 High Street

Updated Dec 4, 2024

Anderson Realty Partners Broker $5M Land Sale In Stoneham, MA
SOLDLand

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:

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

Mark Cranfill

Anderson Realty Partners

Broker

$5M

vol

1 deal

Broker

Stoneham Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Deal FAQ

About $3.4K per square foot on a published $5M for 1,463 square feet (2024).

Visit Anderson Realty Partners to view all their deals.

Browse Stoneham land sales on Traded.

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

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