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225 Turnpike Street, Canton...

Waldman Associates Brokers $3M Sale Of 15K SF School In Canton, MA
SOLDOther

Waldman Associates Brokers $3M Sale Of 15K SF School In Canton, MA

225 Turnpike Street, Canton, Massachusetts 02021, United States

$3,000,000

$200/SF

Building Size

15,000 SF

Asset Type

Other

Closing

Jul 14, 2022

AI

The property involved in this closed transaction is a school located at 225 Turnpike St in Canton, MA. The property sits on approximately 3 acres of land. The sale was facilitated by broker Dan Waldman from Waldman Associates.

Summary of transaction details:

  • Property Type: School
  • Sale Price: $3,000,000
  • Square Footage: 15,000
  • Price Per Square Foot: $200
  • Address: 225 Turnpike St, Canton, MA
  • Market: Canton, MA

The key individuals involved in this transaction are Dan Waldman from Waldman Associates. The sale price for the school was $3,000,000, with a total square footage of 15,000. The price per square foot amounted to $200.

Players

Daniel J. Waldman

Waldman & Associates

Broker

$61.6M

vol

13 deals

Broker

Canton Other Market Snapshot

Boundary boundary · Other · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93