N6 Properties Acquires Development Site From Brendan H White In West Roxbury For $1.05M
1766 Centre Street
$1,050,000
$498/SF
Building Size
2,106 SF
Asset Type
Development Site
Closing
Jan 17, 2025
AI
The development site located at 1766 Centre Street in West Roxbury, MA, has been sold for $1,050,000. The property comprises 14,000 square feet with a price per base square foot of $75. Additionally, it includes 2,106 square feet of building space with a price per square foot of $498.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,050,000
- Buyer: N6 Properties
- Seller: Brendan H White
- Broker: David Maker - Maker Capital
1766 Centre Street West Roxbury in Boston's Suburban core produced a prodigious amount of inquiries: after an expedited marketing campaign the firm chosen to eventually redevelop this parcel specializes in urban, middle-market development projects and shares the core values and commitment to the neighborhood which aligned with the custodian of the sale.
Players
West Roxbury Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93