Norwood Mixed-Use Property Sold For $10.65M With Buyer's Rep Mitch Stepien & Seller's Rep Dan Waldman
884-920 Washington St, Norwood, Massachusetts, USA
$10,650,000
$304/SF
Building Size
35,000 SF
Asset Type
Mixed-use
Closing
Jul 9, 2020
AI
The mixed-use property located at 884-920 Washington St. in Norwood, MA has been sold for a total price of $10,650,000. The transaction took place on July 9, 2021.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $10,650,000
- Address: 884-920 Washington St., Norwood, MA
- Market: Norwood, MA
- Seller: Ron Compognone
- Seller's Rep: Dan Waldman - Waldman & Associates
- Buyer's Rep: Mitch Stepien - NAI Advisors
- Total Square Footage: 35,000
- Price per Square Foot: $304
The seller, Ron Compognone, was represented by Dan Waldman from Waldman & Associates, while Mitch Stepien from NAI Advisors acted as the buyer's representative in the transaction.
Players
Norwood 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
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93