Cleber Feijo Acquires Development Site At 10 Bedford Street Somerville For $1.525M
SOLD
$1,525,000
Massachusetts
See Similar DealsDevelopment Site
Sold 04/17/2026
SOLD
Cleber Feijo Acquires Development Site At 10 Bedford Street Somerville For $1.525M
10 Bedford Street
See Similar DealsDevelopment Site
Sold 04/17/2026
Summary
MASSACHUSETTS
Asset Type:Development Site
Transaction Type:Sale
The transaction involves a development site located at 10 Bedford Street in Somerville, MA, sold for $1,525,000. The asset encompasses 8,677 square feet, translating to a price per square foot of $175.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,525,000
- Address: 10 Bedford Street
- Market: Somerville, MA
- Building Size: 8,677
- Price per Square Foot: $175
- Buyer: Cleber Feijo
- Seller: Ugo Dibiase
- Brokers: Ryan Taylor & Brayden Haney - Fortune Realty
Cleber Feijo is the buyer of the property, while Ugo Dibiase is the seller. The transaction was facilitated by brokers Ryan Taylor and Brayden Haney, representing Fortune Realty.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$81,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,418.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,229.28
Annual Debt Service$86,751.34
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