Updated Dec 21, 2023
Watertown Retail Property Sold For $2.95M With Horvath & Tremblay As Brokers
631 Mount Auburn Street, Watertown, Massachusetts 02472, United States
$2,950,000
$989/SF
Building Size
2,982 SF
Asset Type
Retail
Closing
Feb 10, 2022
About this deal
AI
Located at 631 Mt Auburn St in Watertown, MA, this retail property spans 0.57 acres. The transaction took place on 02/11/2022, and the property was sold for $2,950,000. It offers a total of 2,982 square feet, resulting in a price per square foot of $989.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,950,000
- Address: 631 Mt Auburn St, Watertown, MA
- Market: Watertown, MA
- Asset Type: Retail
- Acres: 0.57
The deal was facilitated by brokers Robert Horvath and Todd Tremblay from Horvath & Tremblay.
Players
Watertown 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
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93