Young H Lee Sells Retail Property At 109 School Street In Watertown, MA For $2M
SOLD
$2,000,000
Massachusetts
See Similar DealsRetail3,674 SF
Sold 03/21/2023
SOLD
Young H Lee Sells Retail Property At 109 School Street In Watertown, MA For $2M
109 School Street
See Similar DealsRetail3,674 SF
Sold 03/21/2023
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$544
Total Square Footage:3,674 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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