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9 Eden Street, Charlestown,...

Tina Endicott Acquires Development Property In Charlestown For $2.1M
SOLDDevelopment Site

Tina Endicott Acquires Development Property In Charlestown For $2.1M

9 Eden Street, Charlestown, Boston, Massachusetts, USA

$2,100,000

$394/SF

Building Size

5,319 SF

Asset Type

Development Site

Closing

Sep 24, 2021

AI

Located at 9 Eden Street in Charlestown, MA, this development property was recently sold in a closed transaction. The property spans 5,319 square feet and features a total selling price of $2,100,000, resulting in a price per square foot of $395.

Summary of transation details

  • Property Type: Development
  • Transaction Amount: $2,100,000
  • Address: 9 Eden Street, Charlestown, MA
  • Market: Charlestown, MA
  • Buyer: Tina Endicott
  • Seller: Julian Lewis
  • Brokers: Ryan Taylor & Justin Pepple - Fortune Realty
  • Square Footage: 5,319
  • Price per Square Foot: $395

The deal was facilitated by the brokers Ryan Taylor and Justin Pepple from Fortune Realty. They represented both the buyer, Tina Endicott, and the seller, Julian Lewis, in this transaction. The property's sale price and square footage make it a noteworthy acquisition for the buyer.

Players

Justin Pepple

Fortune Realty

Broker

$44.5M

vol

13 deals

Broker

Boston 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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93