Updated Dec 21, 2023
Horvath & Tremblay Brokerage Sells Retail Property In Brockton, MA For $1.285M
776 Belmont Street, Brockton, Massachusetts, USA
$1,285,000
$292/SF
Building Size
4,400 SF
Asset Type
Retail
Closing
Jun 11, 2020
About this deal
AI
The retail property located at 776 Belmont Street in Brockton, MA, was recently sold for $1,285,000. The property spans 4,400 square feet, resulting in a price per square foot of $292. The sale took place on June 11, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,285,000
The sale of this retail property was facilitated by Bob Horvath and Todd Tremblay of Horvath & Tremblay.
The retail sale at 776 Belmont Street, Brockton, Massachusetts, USA in Brockton, Massachusetts sold for $1.3M in 2020. The building is 4,400 square feet, implying about 292 per square foot on the published price. Todd Tremblay, Robert (Bob) Horvath, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Brockton, Massachusetts file for the 776 Belmont Street, Brockton, Massachusetts, USA retail sold: pricing, party profiles, and other closed retail comps from the same Brockton sit in the Market section below. Filter that Brockton retail set by closing date to see what else sold near 776 Belmont Street, Brockton, Massachusetts, USA around 2020. Published consideration for 776 Belmont Street, Brockton, Massachusetts, USA is $1.3M, dated 2020. Cite this Horvath & Tremblay Brokerage Sells Retail Property In Brockton, MA For $1.285M sale when underwriting similar retail product around Brockton, Massachusetts.
Players
Brockton 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
12.34%
Cash-on-Cash
-3.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93