Updated May 12, 2025
Horvath & Tremblay Brokers $2.35M Sale Of Mixed-Use Property In Peabody, MA
41 Walnut Street
$2,350,000
$249/SF
Building Size
9,412 SF
Asset Type
Mixed-use
Closing
Sep 1, 2022
About this deal
AI
The property asset involved in the transaction is a mixed-use building located at 41 Walnut St in Peabody, MA. The sale price for the asset was $2,350,000, with a total square footage of 9,412 and a price per square foot of $257.
Summary of transaction details:
- Property Type: Mixed use
- Transaction Amount: $2,350,000
- Address: 41 Walnut St
- Market: Peabody, MA
- Square Footage: 9,412
- Price Per Square Foot: $257
- Broker: Stephen Girolamo - Horvath & Tremblay
Stephen Girolamo of Horvath & Tremblay represented the transaction, facilitating the sale and bringing together the parties involved in this closed property transaction.
Brisbane City 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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93