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19 Platt Street, Abington, ...

Updated Sep 9, 2024

Crowd Lending & Robert Nichols Acquires Note / Loan In Abington, MA For $346,300
SOLDOther

Crowd Lending & Robert Nichols Acquires Note / Loan In Abington, MA For $346,300

19 Platt Street, Abington, Massachusetts 02351, United States

$346,300

$231/SF

Building Size

1,497 SF

Asset Type

Other

Closing

Nov 2, 2022

About this deal

AI

19 Platt Street in Abington, MA was recently sold in a closed transaction. The property is a note/loan asset, with a sale price of $346,300. The property spans 1,497 square feet, resulting in a price per square foot of $231. The sale took place on November 3, 2022.

Summary of transaction details

  • Property Type: Note / Loan
  • Transaction Amount: $346,300
  • Address: 19 Platt Street
  • Market: Abington, MA
  • Square Footage: 1,497
  • Price Per Square Foot: $231

The sale of 19 Platt Street was facilitated by Crowd Lending and Robert Nichols from MIG. They represented the buyer and/or seller in the transaction.

Players

Robert Nichols

MIG Realty

Broker

$69M

vol

44 deals

Broker

Abington Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $231 per square foot on a published $346.3K for 1,497 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

45.81%

Cash-on-Cash

-13.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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