SOLDRetail
Premier Commercial Brokers $2.8M Sale Of Retail & Office Property In Eastham, MA
4550 State Highway, Eastham, Massachusetts 02642, United States
$2,800,000
Building Size
—
Asset Type
Retail
Closing
Mar 3, 2022
AI
A retail and office property located at 4550 State Hwy in Eastham, MA has been sold for $2,800,000. The property encompasses approximately 3.54 acres. The transaction took place on 03/04/2022.
Summary of transaction details:
- Property Type: Retail & Office
- Transaction Amount: $2,800,000
- Address: 4550 State Hwy, Eastham, MA
- Market: Eastham, MA
- Acres: 3.54
The deal was facilitated by John Ciluzzi from Premier Commercial, who served as the broker for the transaction.
Players
Eastham 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93