DRyan LLC Sells Development Site On Havre St In Boston For $650K
210 Havre Street, East Boston, Boston, MA 02128, USA
$650,000
$423/SF
Building Size
1,536 SF
Asset Type
Development Site
Closing
Jun 30, 2020
AI
Located in Boston, MA, the property at 210 Havre St recently changed hands in a sale transaction. The asset in question is a development site, offering potential for future growth and development. The sale took place on June 30, 2021, with a purchase price of $650,000.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $650,000
- Address: 210 Havre St, Boston, MA
- Seller: DRyan LLC
- Broker: Will Natoli - Compass
Will Natoli, from Compass, represented both the buyer and seller in this transaction. As the property's broker, Natoli played a crucial role in facilitating the deal and ensuring a successful completion. The property, with a building square footage of 2,500, offers ample space for development opportunities. With a price per building square foot (PPBSF) of $260, the property's potential value becomes apparent.
Players
Boston 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
24.40%
Cash-on-Cash
-6.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93