SOLDRetail
Mount Auburn Street Property Owner LLC Acquires Watertown Retail Property For $12.9M
45 Mount Auburn Street
$12,900,000
$806/SF
Building Size
16,000 SF
Asset Type
Retail
Closing
Sep 16, 2022
AI
The retail property located at 45-59 Mt Auburn Street in Watertown, MA has been sold in a transaction. The property was acquired by Mount Auburn Street Property Owner LLC from Watertown Square Plaza LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,900,000
- Square Footage: 16,000
- Price per Square Foot: $806
- Acres: 1.51
- Market: Watertown, MA
The deal was facilitated by brokers Jerry Mazzeo and Andrew Mazzeo from All Star Realty.
Players
Watertown Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93