Boston Trust Realty Group Acquires Special Purpose Property In Mattapan, MA For $425,000
SOLD
Massachusetts
See Similar Deals2,404 SF
Sold
SOLD
Boston Trust Realty Group Acquires Special Purpose Property In Mattapan, MA For $425,000
631 Cummins Highway, Mattapan, Massachusetts 02126, United States
See Similar Deals2,404 SF
Sold
Summary
MASSACHUSETTS
Price Per Square Foot:$176
Total Square Footage:2,404 SF
Transaction Type:Sale
The special purpose property located at 631 Cummins Hwy in Mattapan, MA has been sold for $425,000. The property spans 2,404 square feet, resulting in a price per square foot of $177.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Amount: $425,000
- Square Footage: 2,404
- Price per Square Foot: $177
- Address: 631 Cummins Hwy, Mattapan, MA
- Market: Mattapan, MA
The sale of this special purpose property was facilitated by Julian Addy, representing Boston Trust Realty Group, and Heidy Barriero, representing J&J Companies Inc.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$22,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,509.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,014.72
Annual Debt Service$24,176.60
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