Andres Ferreira Acquires Retail Property In Dorchester, MA For $6.2M
SOLD
$6,200,000
Massachusetts
See Similar DealsRetail13,793 SF
Sold 08/26/2021
SOLD
Andres Ferreira Acquires Retail Property In Dorchester, MA For $6.2M
130 Bowdoin Street, Dorchester, MA, USA
See Similar DealsRetail13,793 SF
Sold 08/26/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$449
Total Square Footage:13,793 SF
Transaction Type:Sale
The retail property located at 130 Bowdoin St in Dorchester, MA has been sold in a recent transaction. The sale took place on August 26, 2021. The property, spanning 13,793 square feet, was sold for a total price of $6,200,000, resulting in a price per square foot of $450.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $6,200,000
- Address: 130 Bowdoin St, Dorchester, MA
- Market: Dorchester, MA
The buyer of the property is Andres Ferreira, while the seller is 130 Bowdoin St Dev Corp.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$330,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,027.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,391.16
Annual Debt Service$352,693.96
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