Yadira Afsharian Purchases Retail Property From William Beckman In Beverly For $650,000
SOLD
$650,000
Massachusetts
See Similar DealsRetail5,593 SF
Sold 03/17/2025
SOLD
Yadira Afsharian Purchases Retail Property From William Beckman In Beverly For $650,000
25 Cabot Street
See Similar DealsRetail5,593 SF
Sold 03/17/2025
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$116
Total Square Footage:5,593 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail space located at 25 Cabot Street in Beverly. The sale price for this asset was $650,000.00, and it encompasses a total area of 5,593 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $650,000.00
- Address: 25 Cabot Street
- Market: Beverly
- Size: 5,593 SF
- Buyer: Yadira Afsharian
- Seller: William Beckman
The key individuals involved in this transaction included the buyer, Yadira Afsharian, and the seller, William Beckman, who finalized the deal on March 17, 2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$34,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,309.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,081.33
Annual Debt Service$36,975.98
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