Marc Savenor Acquires Office Building In Needham, MA For $1.9M
SOLD
$1,925,000
+ 2
Massachusetts
See Similar DealsOffice6,650 SF
Sold 03/15/2023
SOLD
Marc Savenor Acquires Office Building In Needham, MA For $1.9M
18 Crawford Street
See Similar DealsOffice6,650 SF
Sold 03/15/2023
+ 2
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$289
Total Square Footage:6,650 SF
Transaction Type:Sale
The office property located at 18 Crawford Street in Needham, MA has been sold for a total price of $1,925,000. The property spans 6,650 square feet, resulting in a price per square foot of $289. The transaction took place on 03/15/2023.
Summary of Transaction Details:
- Property Type: Office
- Transaction Amount: $1,925,000
- Address: 18 Crawford Street, Needham, MA
- Size: 6,650 square feet
- Price per Square Foot: $289
Marc Savenor has acquired the property from Appraisals Unlimited. Louis Wolfson of Louis Wolfson Realty acted as the buyer's representative in the deal. The seller, Appraisals Unlimited, was represented by Jordan Sneider, Jeremy Freid, Adam Meixner, Tyler Capecci, and Meghan Huebner from 128 CRE.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$102,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,839.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,125.48
Annual Debt Service$109,505.79
Is there something missing? Send suggestions