We Close The Deal LLC Acquires Retail Property In Boston For $1.09M
SOLD
$1,090,000
Massachusetts
See Similar DealsRetail1,760 SF
Sold 02/15/2022
SOLD
We Close The Deal LLC Acquires Retail Property In Boston For $1.09M
289 Dorchester St, Boston, MA 02127
See Similar DealsRetail1,760 SF
Sold 02/15/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$619
Total Square Footage:1,760 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,872.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,167.16
Annual Debt Service$62,005.87
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