Scott Wheaton Purchases Mixed-use Property At 130 Cabot Street Beverly For $5 Million
130 Cabot Street
$5,000,000
$294/SF
Building Size
16,966 SF
Asset Type
Mixed-use
Closing
Dec 22, 2025
AI
This mixed-use property located at 130 Cabot Street in Beverly, MA, was sold for a price of $5,000,000. The asset consists of 13 units, totaling 16,966 square feet, which equates to a price per unit of $384,615 and a price per square foot of $294.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,000,000
- Units: 13
- Square Footage: 16,966
- Price Per Unit: $384,615
- Price Per Square Foot: $294
- Buyer: Scott Wheaton
- Seller: Noah Hano
- Broker: Stephen Girolamo - Horvath & Tremblay
The transaction involved key individuals, including buyer Scott Wheaton and seller Noah Hano, with representation provided by broker Stephen Girolamo from Horvath & Tremblay, highlighting their roles in finalizing the property transfer.
Players
Beverly Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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