Kobie Evans Acquires Brighton, MA Retail Property From Fred Starikov For $1.67M
535-537B Washington Street, Boston, MA, USA
$1,675,000
$490/SF
Building Size
3,412 SF
Asset Type
Retail
Closing
Sep 29, 2021
AI
A retail property located at 535-537 B Washington St in Brighton, MA has been sold for a price of $1,675,000. The property spans 3,412 square feet, resulting in a price per square foot of $491. The transaction took place on September 29, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,675,000
- Address: 535-537 B Washington St, Brighton, MA
- Market: Brighton, MA
- Buyer: Kobie Evans
- Seller: Fred Starikov
- Square Footage: 3,412
- Price per Square Foot: $491
Kobie Evans served as the buyer in the transaction, while Fred Starikov acted as the seller.
Players
Brighton 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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93