James Kalogeropoulos Of Re/Max Represents Sale Of Retail Asset For $1.8M In North Billerica
293 Boston Road
$1,800,000
$225/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
Mar 6, 2025
AI
The property involved in the transaction is located at 293 Boston Road, North Billerica, MA. It is a retail asset with a sale price of $1,800,000. The total square footage of the property is 8,000, resulting in a price per square foot of $225.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,800,000
- Address: 293 Boston Road
- Market: North Billerica, MA
- Square Footage: 8,000
- Price per Square Foot: $225
The broker representing the seller in this transaction is James Kalogeropoulos from Re/Max, highlighting the involvement of a recognized agency in facilitating the deal.
Players
North Billerica 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93