Updated Sep 5, 2024
The NNN Pro Group Brokers $2.7M Sale Of Office Property In Hyannis, MA
29 Bassett Ln, Hyannis, MA, USA
$2,700,000
$202/SF
Building Size
13,368 SF
Asset Type
Office
Closing
Dec 6, 2021
About this deal
AI
The office property located at 29 Bassett Ln in Hyannis, MA has been sold for $2,700,000. The property has a total square footage of 13,368, resulting in a price per square foot of $202. The transaction took place on December 6, 2021. The property was 100% leased to Family Continuity at the time of the sale.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,700,000
- Address: 29 Bassett Ln, Hyannis, MA
- Square Footage: 13,368
- Price per Square Foot: $202
- Market: Hyannis, MA
The sale was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia of The NNN Pro Group. They acted as the brokers representing the parties involved in the transaction.
Players
Hyannis 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93