Updated Sep 5, 2024
NNN Pro Group Acquires Office Building In Barnstable, MA For $835K
3256 Main Street
$835,000
$830/SF
Building Size
1,005 SF
Asset Type
Office
Closing
Jan 19, 2023
About this deal
AI
An office property located at 3256 Main Street in Barnstable, MA has been sold for a price of $835,000. The property measures 1,005 square feet, resulting in a price per square foot of $831.
Summary of transation details
- Property Type: Office
- Transaction Amount: $835,000
- Address: 3256 Main Street, Barnstable, MA
- Square Footage: 1,005
- Price per Square Foot: $831
The sale of this office property was facilitated by brokers Anthony D'Ambrosia, Josh Kanter, and Glen Kunofsky from NNN Pro Group. Broker of Record, Thomas Shihadeh, oversaw the transaction as the representative for the buyers and sellers.
Players
Barnstable 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
19.00%
Cash-on-Cash
-5.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93