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1 Fox Hill Drive

Lisa Tracey & Daniel J. Waldman Close $2.5M Office Sale In Walpole, MA
SOLDOffice

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

Daniel J. Waldman

Waldman & Associates

Broker

$61.6M

vol

13 deals

Broker

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