Updated Oct 28, 2024
We Close The Deal LLC Acquires Retail Property In Boston For $1.09M
289 Dorchester St, Boston, MA 02127
$1,090,000
$619/SF
Building Size
1,760 SF
Asset Type
Retail
Closing
Feb 14, 2022
About this deal
AI
The retail property located at 289 Dorchester St in Boston, MA has been sold for a price of $1,090,000. The property spans over an area of 1,760 square feet and was sold at a rate of $619 per square foot. The transaction took place on 02/15/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,090,000
- Buyer: We Close The Deal LLC
- Seller: Scott Wolfe
- Broker: Carleton Ashley - Compass
The buyer, We Close The Deal LLC, acquired the retail property from the seller, Scott Wolfe. The transaction was facilitated by broker Carleton Ashley from Compass.
On the Map
$1,090,000
$619/SF
Retail
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Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93