SOLDDevelopment Site
Coldwell Banker Acquires Development Site On D Street In Boston For $7.48M
49-51 D Street
$7,480,000
Building Size
—
Asset Type
Development Site
Closing
Aug 30, 2022
AI
A development site located at 49-51 D Street in Boston, MA, was sold for $7,480,000. The asset spans approximately 14,541 square feet, resulting in a price per square foot of $514.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $7,480,000
- Address: 49-51 D Street
- Market: Boston, MA
- BSF: 14,541
- PPBSF: $514
Dylan Costello from Coldwell Banker represented the broker in this transaction. He can be contacted via email at [email protected] or by phone at (617) 642-2061.
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
2.12%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93