James Kalogeropoulos Of Re/Max Represents Sale Of Retail Asset For $1.8M In North Billerica
SOLD
$1,800,000
Massachusetts
See Similar DealsRetail8,000 SF
Sold 03/06/2025
SOLD
James Kalogeropoulos Of Re/Max Represents Sale Of Retail Asset For $1.8M In North Billerica
293 Boston Road
See Similar DealsRetail8,000 SF
Sold 03/06/2025
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$225
Total Square Footage:8,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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