Updated Sep 9, 2024
Greater Boston Commercial Properties Acquires Office Building In Marlborough For $1.55M
200 East Main Street, Marlborough, Massachusetts 01752, United States
$1,550,000
$64/SF
Building Size
24,000 SF
Asset Type
Office
Closing
Apr 21, 2022
About this deal
AI
A 24,000 square foot office building located at 200 East Main St in Marlborough, MA has been sold for $1,550,000. The property was sold on 04/22/2022.
Summary of transation details
- Property Type: Office
- Transaction Amount: $1,550,000
- Address: 200 East Main St, Marlborough, MA
- Market: Marlborough, MA
- Brokers: Bret O'Brien & James Keefe - Greater Boston Commercial Properties
The sale was facilitated by brokers Bret O'Brien and James Keefe from Greater Boston Commercial Properties.
The office sale at 200 East Main Street, Marlborough, Massachusetts 01752, United States in Marlborough, Massachusetts sold for $1.6M in 2022. The building is 24,000 square feet, implying about 64 per square foot on the published price. James Keefe, Bret O'Brien, Andrew O'Brien, Greater Boston Commercial Properties appear on the sale alongside Greater Boston Commercial Properties, JLL. This page is the Marlborough, Massachusetts file for the 200 East Main Street, Marlborough, Massachusetts 01752, United States office sold: pricing, party profiles, and other closed office comps from the same Marlborough sit in the Market section below. Filter that Marlborough office set by closing date to see what else sold near 200 East Main Street, Marlborough, Massachusetts 01752, United States around 2022. Published consideration for 200 East Main Street, Marlborough, Massachusetts 01752, United States is $1.6M, dated 2022. Cite this Greater Boston Commercial Properties Acquires Office Building In Marlborough For $1.55M sale when underwriting similar office product around Marlborough, Massachusetts.
Players
Marlborough 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93