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130 Cabot Street

Scott Wheaton Purchases Mixed-use Property At 130 Cabot Street Beverly For $5 Million
SOLDMixed-use

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

Stephen Girolamo

Horvath & Tremblay

Broker

$326.1M

vol

99 deals

Broker
Horvath & Tremblay
Horvath & TremblayBrokerage

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