Updated Dec 21, 2023
Joseph Donovan Acquires Retail Property In East Boston For $2M
975 Saratoga St, Boston, MA 02128, USA
$2,000,000
$26/SF
Building Size
76,500 SF
Asset Type
Office
Closing
Jun 30, 2020
About this deal
AI
The retail property located at 975-977 Saratoga Street in East Boston has been sold for $2,000,000. The property spans across 7,650 square feet, resulting in a price per square foot of $261.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,000,000
- Square Footage: 7,650
- Address: 975-977 Saratoga Street
- Market: East Boston
Michael R Capaldo was the seller of the property, while Joseph Donovan acquired it.
The office sale at 975 Saratoga St, Boston, MA 02128, USA in Boston, Massachusetts sold for $2M in 2020. The building is 76,500 square feet, implying about 26 per square foot on the published price. This page is the Boston, Massachusetts file for the 975 Saratoga St, Boston, MA 02128, USA office sold: pricing, party profiles, and other closed office comps from the same Boston sit in the Market section below. Filter that Boston office set by closing date to see what else sold near 975 Saratoga St, Boston, MA 02128, USA around 2020. Published consideration for 975 Saratoga St, Boston, MA 02128, USA is $2M, dated 2020. Cite this Joseph Donovan Acquires Retail Property In East Boston For $2M sale when underwriting similar office product around Boston, Massachusetts.
Players
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93