Updated Dec 20, 2023
Coldwell Banker Commercial Sells Office Property In Needham, MA For $2.67M
210 Highland Ave, Needham, Needham Heights, Massachusetts, USA
$2,670,000
$404/SF
Building Size
6,600 SF
Asset Type
Office
Closing
Nov 8, 2021
About this deal
AI
Located at 210 Highland Ave in Needham, MA, this office property spans 0.35 acres. The transaction of this property was finalized on 11/08/2021.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,670,000
- Square Footage: 6,600
- Price per Square Foot: $405
Todd Glaskin from Coldwell Banker Commercial served as the broker for this deal.
The office sale at 210 Highland Ave, Needham, Needham Heights, Massachusetts, USA in Needham Heights, Massachusetts sold for $2.7M in 2021. The building is 6,600 square feet, implying about 404 per square foot on the published price. Todd Glaskin, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Needham Heights, Massachusetts file for the 210 Highland Ave, Needham, Needham Heights, Massachusetts, USA office sold: pricing, party profiles, and other closed office comps from the same Needham Heights sit in the Market section below. Filter that Needham Heights office set by closing date to see what else sold near 210 Highland Ave, Needham, Needham Heights, Massachusetts, USA around 2021. Published consideration for 210 Highland Ave, Needham, Needham Heights, Massachusetts, USA is $2.7M, dated 2021. Cite this Coldwell Banker Commercial Sells Office Property In Needham, MA For $2.67M sale when underwriting similar office product around Needham Heights, Massachusetts.
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Needham Heights 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
5.94%
Cash-on-Cash
-1.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93