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72 Sharp Street, Hingham, M...

Ellis Realty Advisors Sells Mixed-Use Property In Hingham, MA For $3.2M
SOLDMixed-use

Ellis Realty Advisors Sells Mixed-Use Property In Hingham, MA For $3.2M

72 Sharp Street, Hingham, Massachusetts 02043, United States

$3,200,000

$120/SF

Building Size

26,575 SF

Asset Type

Mixed-use

Closing

Mar 24, 2023

AI

A mixed-use property located at 72 Sharp Street in Hingham, MA, has been sold in a recent transaction. The property, spanning 26,575 square feet, was sold for a price of $3,200,000, resulting in a price per square foot of $120. The sale took place on March 24, 2023.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $3,200,000
  • Date: March 24, 2023
  • Address: 72 Sharp Street, Hingham, MA
  • Market: Hingham, MA
  • SF: 26,575
  • PPSF: $120

The sale of this mixed-use property at 72 Sharp Street was brokered by Dave Ellis from Ellis Realty Advisors.

Players

David Ellis

Broker

$20.3M

vol

6 deals

Broker

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

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93