Gemini Rosemont Acquires Parsonage In East Village From Roman Catholic Church For $40M
42 2nd St, North Attleborough, Ma 02760, Usa
$40,000,000
$615/SF
Building Size
64,997 SF
Asset Type
Other
Closing
Mar 15, 2020
AI
The property involved in this transaction is a Parsonage located at 42 2nd Avenue and 46 2nd Avenue in the East Village. It was sold for a price of $40,000,000. The total square footage of the property is 64,997, resulting in a price per square foot of $615.
Summary of transaction details
- Property Type: Parsonage
- Transaction Amount: $40,000,000
- Address: 42 2nd Avenue, 46 2nd Avenue
- Market: East Village
- Square Footage: 64,997
- Price per Square Foot: $615
The buyer in this transaction is Gemini Rosemont, while the seller is the Roman Catholic Church.
Players
North Attleboro Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93