Updated Mar 26, 2025
Mass Properties Group LLC Acquires Office Asset From James Kane In Natick For $1.325M
230 Pond St
$1,325,000
Building Size
—
Asset Type
Office
Closing
Jul 14, 2023
About this deal
AI
The property asset involved in this transaction is an office located at 230 Pond St in the Natick market. It was sold for $1,325,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,325,000.00
- Buyer: Mass Properties Group Llc
- Seller: James Kane
- Brokers: Roberto Magno of Castlearch Property Advisors
The deal involved Mass Properties Group Llc as the buyer and James Kane as the seller. Roberto Magno represented the buyer through Castlearch Property Advisors during this transaction.
The office sale at 230 Pond St in Natick, Massachusetts sold for $1.3M in 2023. 230 Pond St is classified as Office on Traded. Roberto Magno, Castlearch Property Advisors appear on the sale alongside Castlearch Property Advisors. This page is the Natick, Massachusetts file for the 230 Pond St office sold: pricing, party profiles, and other closed office comps from the same Natick sit in the Market section below. Filter that Natick office set by closing date to see what else sold near 230 Pond St around 2023. Published consideration for 230 Pond St is $1.3M, dated 2023. Cite this Mass Properties Group LLC Acquires Office Asset From James Kane In Natick For $1.325M sale when underwriting similar office product around Natick, Massachusetts.
Players
Natick 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
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93