Updated Dec 20, 2023
Dionisios Bakis Acquires Retail Property In Roslindale, MA For $1.7M
163-167 Belgrade Ave, Roslindale, Massachusetts, USA
$1,700,000
$804/SF
Building Size
2,113 SF
Asset Type
Retail
Closing
Sep 15, 2021
About this deal
AI
Anastasios Giannopoulos & Peter Giannopoulos have sold a retail property located at 163-167 Belgrade Ave in Roslindale, MA. The property was sold to Dionisios Bakis.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,700,000
- Units: 2
- Price per Unit: $850,000
- Square Footage: 2,113
- Price per Square Foot: $805
This transaction took place on 09/16/2021. The market value of the property, situated in Roslindale, MA, was determined to be $1,700,000. The property consists of 2 units, with each unit valued at $850,000. The total square footage of the property is 2,113, resulting in a price per square foot of $805.
Anastasios Giannopoulos & Peter Giannopoulos acted as the sellers in this transaction, while Dionisios Bakis was the buyer.
Players
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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