SOLDRetail
Young H Lee Sells Retail Property At 109 School Street In Watertown, MA For $2M
109 School Street
$2,000,000
$544/SF
Building Size
3,674 SF
Asset Type
Retail
Closing
Mar 21, 2023
AI
The retail property located at 109 School Street in Watertown, MA has been sold for $2,000,000. The transaction took place on 03/21/2023. The property measures 3,674 square feet with a price per square foot of $544.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,000,000
- Square Feet: 3,674
- Price Per Square Foot: $544
- Address: 109 School Street, Watertown, MA
- Market: Watertown, MA
Young H Lee was the seller of the property. Andrew Mazzeo from All Star Realty, Inc. represented the seller in the deal.
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93