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100 Conifer Hill Drive
Danvers, MA 01923
Asking Price
$265K
Asset Type
Executive Office Office
Class
Class B
What's Special
<ul><li>±1,265 SF second-floor office suite</li><li>Reception area, 2 private offices, conference/executive office</li><li>Kitchenette and 2 private restrooms</li><li>Abundant natural light throughout</li><li>Economical heat pumps + full A/C</li><li>2 assigned parking spaces + common parking</li><li>Professionally managed condominium association</li><li>Seller financing available (30% down)</li><li>Lease rate: $2,400/month + utilities</li></ul><p></p>
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NOI
$80,000
Cap Rate
30.19%
DSCR
5.08
Strong
Cash-on-Cash
80.84%
Monthly Payment
$1,311.075
Annual Cash Flow
$64,267.095