Updated Apr 1, 2025
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
About this deal
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