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776-782 Broad St, Weymouth,...

Alessandra Lacerda - Mendes Realty Acquires Mixed-Use Property On Broad St In Weymouth, MA For $1.1M. Tom McFarland Represents The Seller
SOLDMixed-use

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

Alessandra Lacerda

Broker

$1.1M

vol

1 deal

Broker

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