Carol Korbman Of Cabot & Company Acquires Condo At 355 Congress, Boston For $1.285M
355 Congress St #403, Boston, Ma 02210, Usa
$1,285,000
$1,147/SF
Building Size
1,120 SF
Asset Type
—
Closing
Jul 21, 2020
About this deal
AI
A condo located at 355 Congress in Boston, MA was recently sold for a price of $1,285,000. The property has a total square footage of 1,120 and a price per square foot of $1147. The transaction took place on 07/22/2020.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,285,000
- Seller's Representative: Janice Dumont - Advisors Living
- Buyer's Representative: Carol Korbman - Cabot & Company
Janice Dumont from Advisors Living represented the seller in this deal, while Carol Korbman from Cabot & Company represented the buyer. The transaction involved a total square footage of 1,120 and a price per square foot of $1147.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.34%
Cash-on-Cash
-3.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93