facebook
Traded Co logo
Submit
Daily limit: 0/10

Marcus & Millichap Facilitates $3.3M Sale Of Mixed-Use Property In Waltham, MA

Property Image
SOLD
$3,300,000

Massachusetts

See Similar Deals
Mixed-use11,892 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Facilitates $3.3M Sale Of Mixed-Use Property In Waltham, MA

699 Moody St Waltham, Ma 02453, Usa

See Similar Deals
Mixed-use11,892 SF
Sold
Contact now

Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$277
Total Square Footage:11892 SF
Transaction Type:Sale

The mixed-use property located at 699-709 Moody Street in Waltham, Massachusetts has been sold for $3.3 million. The property consists of 14 units and also includes cell tower leases. Spanning across 11,892 square feet, the property has a price per square foot of $277. The sale of this property was facilitated by the brokerage firm Marcus & Millichap, with Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley representing the deal.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $3,300,000
  • Units: 14
  • Price Per Unit: $235,714
  • Square Footage: 11,892
  • Price Per Square Foot: $277
  • Address: 699-709 Moody Street, Waltham, MA
  • Market: Waltham, MA

Marcus & Millichap, a prominent brokerage firm, played a key role in facilitating the sale of this mixed-use property. Evan Griffith, Tony Pepdjonovic, and Jeremy Buckley represented Marcus & Millichap in this deal, showcasing their expertise in the real estate market.

Players

Jeremy Buckley
12 deals$55.8M volume(781) 413-6250
BROKER

Evan Griffith
Marcus & Millichap
65 deals$388M volume
BROKER

Tony Pepdjonovic
Marcus & Millichap
77 deals$383.6M volume
BROKER

Details

SOLD
IMAGE: Tony Pepdjonovic, Evan Griffith & Jeremy Buckley DATE: 06/26/2023 ADDRESS: 699-709 Moody Street MARKET: Waltham, MA ASSET TYPE: Mixed-Use BROKERS: Evan Griffith, Tony Pepdjonovic & Jeremy Buckley - Marcus & Millichap (@MarcusMillichapBoston) SALE PRICE: $3,300,000 UNITS: 14 ~ PPU: $235,714 SF: 11,892 ~ PPSF: $277 NOTE: Marcus & Millichap has facilitated the sale of 699-709 Moody St., a mixed-use property with 14 units and cell tower leases in Waltham, Massachusetts, for $3.3 million.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$175,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20