Updated Dec 21, 2023
Joseph Donovan Acquires Mixed-Use Property In East Boston From Anthony Giacalone Jr For $1.7M
33-35 Maverick Square, East Boston, MA, USA
$1,700,000
$484/SF
Building Size
3,510 SF
Asset Type
Mixed-use
Closing
Mar 11, 2021
About this deal
AI
The mixed-use property located at 33-35 Maverick Sq in East Boston has been sold in a recent transaction. The property spans a total area of 3,510 square feet and was sold for a price of $1,700,000, resulting in a price per square foot of $484.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,700,000
- Address: 33-35 Maverick Sq
- Market: East Boston
- Size: 3,510 square feet
- Price per Square Foot: $484
The buyer of the property is Joseph Donovan, while the seller is Anthony Giacalone Jr.
Players
Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93