Alessandra Lacerda - Mendes Realty Acquires Mixed-Use Property On Broad St In Weymouth, MA For $1.1M. Tom McFarland Represents The Seller
776-782 Broad St, Weymouth, East Weymouth, Massachusetts, USA
$1,100,000
$186/SF
Building Size
5,886 SF
Asset Type
Mixed-use
Closing
Oct 25, 2021
AI
A mixed-use property located at 776-782 Broad St in Weymouth, MA has been sold for a price of $1,100,000. The property spans a total of 5,886 square feet, resulting in a price per square foot of $187.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,100,000
- Date: 10/25/2021
- Address: 776-782 Broad St, Weymouth, MA
- Market: Weymouth, MA
The buyer's representative in this transaction was Alessandra Lacerda from Mendes Realty. On the other hand, Tom McFarland represented the seller as part of RE/MAX Realty Pros.
Players
East Weymouth 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93