Laurie Ann & Seth Richard Acquire Retail Property On Northampton Street In Easthampton For $5.34M
118 Northampton Street, Easthampton, MA, USA
$5,340,000
$608/SF
Building Size
8,775 SF
Asset Type
Retail
Closing
Jun 21, 2020
AI
118 Northampton Street in Easthampton was recently sold in a retail transaction. The property spans 8,775 square feet, with a sale price of $5,340,000. This translates to a price per square foot of $608.55.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,340,000
The sale of 118 Northampton Street was facilitated by Laurie Ann (L.A.) from Drinkwater and Seth Richard from arcusMillichap_Boston. They represented the parties involved in the deal.
Players
Easthampton 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93