We Close The Deal LLC Acquires Mixed-Use Property In Chestnut Hill, MA For $3.7M
SOLD
$3,700,000
+ 1
Massachusetts
See Similar DealsMixed-use5,932 SF
Sold 12/08/2021
SOLD
We Close The Deal LLC Acquires Mixed-Use Property In Chestnut Hill, MA For $3.7M
1154 Boylston Street, Chestnut Hill, MA 02467
See Similar DealsMixed-use5,932 SF
Sold 12/08/2021
+ 1
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$623
Total Square Footage:5,932 SF
Transaction Type:Sale
The mixed-use property located at 1154 Boylston St in Chestnut Hill, MA has been sold in a recent transaction. The property, covering an area of 5,932 square feet, was purchased by We Close the Deal LLC for a sale price of $3,700,000. The sale price translates to a price per square foot of $624.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,700,000
- Address: 1154 Boylston St, Chestnut Hill, MA
- Market: Chestnut Hill, MA
- Buyer: We Close the Deal LLC
- Seller: Delaney Real Estate
- Brokers: Adam Meixner, Jeremy Freid, Jordan Sneider, and Tyler Capecci - 128 CRE
The deal was facilitated by brokers Adam Meixner, Jeremy Freid, Jordan Sneider, and Tyler Capecci from 128 CRE. They represented the buyer and seller in the transaction, providing their expertise and guidance throughout the process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$197,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65
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