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699 Moody St Waltham, Ma 02...

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

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

699 Moody St Waltham, Ma 02453, Usa

$3,300,000

$277/SF

Building Size

11,892 SF

Asset Type

Mixed-use

Closing

Jun 26, 2023

AI

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

Marcus & Millichap

Broker

$55.8M

vol

12 deals

Broker

Boston 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93