St. Elizabeth Seton School Sells In Rochester, NH For $1.7M
16 Bridge Street
$1,700,000
$548/SF
Building Size
3,100 SF
Asset Type
School
Closing
Jul 5, 2024
AI
The former St. Elizabeth Seton School, located at 16 Bridge Street in Rochester, NH, was sold for $1,700,000. The property spans 3,100 square feet, resulting in a price per square foot of $548.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $1,700,000
- Address: 16 Bridge Street
- Market: Rochester, NH
Michael Reed from Stebbins Commercial Properties facilitated the sale of the former St. Elizabeth Seton School to the city of Rochester. In addition to this transaction, Stebbins Commercial Properties also brokered a lease agreement for 3,100 square feet at 35 Third St. in Dover to Waypoint.
Rochester School Market Snapshot
Boundary boundary · School · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93