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1 Highland Road, North Trur...

Updated Dec 20, 2023

1 Highland Road Retail Property In North Truro, MA Sells For $1.4M With Brokers Robert Horvath & Todd Tremblay - Horvath & Tremblay
SOLDRetail

1 Highland Road Retail Property In North Truro, MA Sells For $1.4M With Brokers Robert Horvath & Todd Tremblay - Horvath & Tremblay

1 Highland Road, North Truro, Massachusetts, USA

$1,438,000

$646/SF

Building Size

2,226 SF

Asset Type

Retail

Closing

Feb 18, 2021

About this deal

AI

A retail property located at 1 Highland Road in North Truro, MA has been sold for a price of $1,438,000. The transaction took place on February 19, 2021, and was facilitated by brokers Robert Horvath and Todd Tremblay from Horvath & Tremblay.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,438,000
  • Date: 02/19/2021
  • Address: 1 Highland Road
  • Market: North Truro, MA
  • Brokers: Robert Horvath & Todd Tremblay - Horvath & Tremblay

The brokerage team of Robert Horvath and Todd Tremblay played a crucial role in the successful sale of the property. Their expertise and representation ensured a smooth transaction process for the buyer and seller involved.

Players

Robert Horvath

Horvath & Tremblay

Broker

$614.5M

vol

118 deals

Broker

North Truro Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $646 per square foot on a published $1.4M for 2,226 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.03%

Cash-on-Cash

-3.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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