Coldwell Banker Commercial Sells Retail Property On Boylston St In Newton, MA For $2.4M
383 Boylston Street, Newton, Massachusetts 02459, United States
$2,400,000
$162/SF
Building Size
14,746 SF
Asset Type
Retail
Closing
Apr 26, 2022
AI
The retail property located at 383 Boylston St in Newton, MA has been sold for a price of $2,400,000. The property has a total square footage of 14,746 square feet, resulting in a price per square foot of $166. The sale was facilitated by Todd Glaskin from Coldwell Banker Commercial.
Summary of transaction details
- Property Type: Retail
- Sale Price: $2,400,000
- Square Footage: 14,746
- Price per Square Foot: $166
- Address: 383 Boylston St, Newton, MA
- Market: Newton, MA
Todd Glaskin from Coldwell Banker Commercial played a crucial role in the successful completion of this sale transaction.
Players
Newton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93