Updated Sep 5, 2024
NNN Pro Group Acquires Retail Property In Springfield For $1.43M
1745 Northampton Street, Holyoke, Massachusetts 01040, United States
$1,435,000
$595/SF
Building Size
2,410 SF
Asset Type
Retail
Closing
Apr 3, 2022
About this deal
AI
The retail property located at 1745 Northampton St in Springfield, MA was recently sold for a price of $1,435,000. The property spans across 2,410 square feet, resulting in a price per square foot of $595. The transaction took place on 04/04/2022. The property is situated in the Springfield market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,435,000
- Address: 1745 Northampton St, Springfield, MA
- Market: Springfield, MA
The sale of this retail property was facilitated by the NNN Pro Group, which is a part of Marcus & Millichap. The brokers involved in the deal were Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia.
Players
Holyoke 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
11.05%
Cash-on-Cash
-3.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93