Lisa Tracey & Daniel J. Waldman Close $2.5M Office Sale In Walpole, MA
1 Fox Hill Drive
$2,500,000
$555/SF
Building Size
4,500 SF
Asset Type
Office
Closing
May 10, 2024
AI
An office space at 1 Fox Hill Drive in Walpole, MA, was successfully sold for $2,500,000. The property spans approximately 4,500 square feet, resulting in a price per square foot of $556.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,500,000
- Address: 1 Fox Hill Drive
- Market: Walpole, MA
- SF: 4,500
- PPSF: $556
Lisa Tracey from Re/Max represented the buyer on the deal, while the seller was represented by Daniel J. Waldman from Waldman & Associates. Dan Waldman of Waldman Associates managed the transaction for the sale of the office space, which had previously been listed unsuccessfully by national and local brokerages.
Players
Walpole Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93