Jennifer Crowford Acquires Retail Property On Beacon St, Brighton, MA From Fred Starikov For $3.25M
SOLD
$3,250,000
Massachusetts
See Similar DealsRetail1,900 SF
Sold 03/31/2021
SOLD
Jennifer Crowford Acquires Retail Property On Beacon St, Brighton, MA From Fred Starikov For $3.25M
1939 Beacon St, Brighton, Massachusetts, USA
See Similar DealsRetail1,900 SF
Sold 03/31/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$1,710
Total Square Footage:1,900 SF
Transaction Type:Sale
The retail property located at 1937-1939 Beacon St in Brighton, MA has been sold for a total price of $3,250,000. The property spans 1,900 square feet, resulting in a price per square foot of $1,711. The transaction took place on March 31, 2021.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,250,000
- Square Footage: 1,900
- Price per Square Foot: $1,711
- Location: 1937-1939 Beacon St, Brighton, MA
- Market: Brighton, MA
Fred Starikov was the seller of the property, and Jennifer Crowford was the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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