Updated Sep 9, 2024
Acquires Mixed-Use Property In Danvers, MA For $1.72M
56 Maple St Danvers, MA 01923, USA
$1,720,000
$107/SF
Building Size
16,060 SF
Asset Type
Mixed-use
Closing
Jul 20, 2023
About this deal
AI
A mixed-use property located at 56 & 62 Maple Street in Danvers, MA has been sold for a price of $1,720,000. The property has a total square footage of 16,060, resulting in a price per square foot of $107.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,720,000
- SF: 16,060
- PPSF: $107
- Address: 56 & 62 Maple Street, Danvers, MA
has purchased the property from Suzanne Contreas. The sale was facilitated by Nicholas Zolotas from Herrick Lutts Realty Partners, acting as the broker for both the buyer and the seller.
Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Nicholas (Nick) Zolotas to view all their deals.
Browse Boston mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.22%
Cash-on-Cash
-2.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93