Boston Trust Realty Group Acquires Special Purpose Property In Mattapan, MA For $425,000
631 Cummins Highway, Mattapan, Massachusetts 02126, United States
$425,000
$176/SF
Building Size
2,404 SF
Asset Type
—
Closing
Apr 26, 2022
AI
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
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
37.32%
Cash-on-Cash
-10.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93