Updated Sep 9, 2024
Horvath & Tremblay Broker Todd Tremblay Acquires Retail Property In Medford, MA For $4.02M
337 Mystic Avenue
$4,020,000
$480/SF
Building Size
8,360 SF
Asset Type
Retail
Closing
Nov 3, 2022
About this deal
AI
The retail property located at 337 Mystic Avenue in Medford, MA has been sold. The transaction took place on 11/03/2022 for a total sale price of $4,020,000. The property has a total area of 8,360 square feet, resulting in a price per square foot of $481.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,020,000
- Address: 337 Mystic Avenue, Medford, MA
- Market: Medford, MA
- Square Footage: 8,360
- Price per Square Foot: $481
The deal was brokered by Todd Tremblay and Bob Horvath of Horvath & Tremblay.
Players
Medford 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
3.95%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93