Updated Jun 20, 2025
Giorgio Petruzziello Acquires Development Site At 101 High Street Westwood For $2.22M
101 High Street
$2,220,000
Building Size
—
Asset Type
Development Site
Closing
May 20, 2025
About this deal
AI
101 High Street is a development site located in Westwood, MA. The property was sold for a total of $2,220,000. It serves as a noteworthy investment opportunity in the local market.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,220,000
- Buyer: Giorgio Petruzziello
- Broker: Greg Martin - Move Forward Real Estate
- Date of Sale: 5/21/2025
- Market: Westwood, MA
Giorgio Petruzziello is the buyer in this transaction, represented by Greg Martin from Move Forward Real Estate, who facilitated the sale. This transaction demonstrates the collaboration between the buyer and broker in navigating the development site market.
On the Map
$2,220,000
Development Site
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Westwood Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.15%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93