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
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.
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