SOLDDevelopment Site
Red Tree Real Estate Represents Sale Of Development Site At 41 John Street In Newton, MA For $1.5M
41 John St Newton, MA 02459, USA
$1,500,000
$212/SF
Building Size
7,050 SF
Asset Type
Development Site
Closing
Mar 31, 2023
AI
A development site located at 41 John Street in Newton, MA has been sold for $1,500,000. The property spans 7,050 square feet and has a price per square foot of $213.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,500,000
- Square Footage: 7,050
- Price per Square Foot: $213
The deal was facilitated by Brandon Muroff and Nicole Stabnikov of Red Tree Real Estate. They represented the buyer and seller in this transaction.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93