Updated Oct 28, 2024
55-65 Sharp Street LLC Acquires Mixed-use Property In Hingham, MA For $4.65M
55 Sharp Street, Hingham, Massachusetts 02043, United States
$4,650,000
$125/SF
Building Size
37,000 SF
Asset Type
Mixed-use
Closing
Jan 27, 2022
About this deal
AI
A mixed-use property located at 55-65 Sharp Street in Hingham, MA has been sold for $4,650,000. The property spans across 5.81 acres and offers 37,000 square feet of space, resulting in a price per square foot of $126.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,650,000
- Address: 55-65 Sharp Street, Hingham, MA
- Market: Hingham, MA
- Acres: 5.81
- Square Footage: 37,000
The buyer, 55-65 Sharp Street LLC, has purchased the property from the seller, BD Sharp Street Limited Partnership. Representing the seller was James McEvoy from The Conrad Group, while Dave Ellis from Ellis Realty Advisors served as the buyer's representative in the transaction.
Players
Hingham 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
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93