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91 Staniford Street

Wells Kaloupek Purchases Development Site At 91 Staniford Street In Auburndale For $650,000
SOLDDevelopment Site

Wells Kaloupek Purchases Development Site At 91 Staniford Street In Auburndale For $650,000

91 Staniford Street

$650,000

$309/SF

Building Size

2,100 SF

Asset Type

Development Site

Closing

Dec 18, 2024

AI

The asset involved in this transaction is a development site located at 91 Staniford Street in Auburndale, MA. The sale price for the property was $650,000, and it encompasses a total area of 2,100 square feet, equating to a price per square foot of $309.

Summary of transaction details:

The individuals connected to this transaction include the buyer Wells Kaloupek and seller John Macisaac, with representation from Jackson Wells of Harvard Real Estate, Emma Kaloupek of Columbus & Over Group, and James Casale of Fairway Corp, who played a significant role in facilitating the deal.

Players

Jackson Wells

Harvard Real Estate

Broker

$30.4M

vol

24 deals

Broker

Auburndale 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

24.40%

Cash-on-Cash

-6.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93