SOLDOffice
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
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.
Players
Marlborough Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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