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10 Farnsworth Street, Bosto...

Updated Dec 21, 2023

Tania C Wallace & Daniel M Wallace Acquire Boston Condo From Michael Pallotta
SOLD

Tania C Wallace & Daniel M Wallace Acquire Boston Condo From Michael Pallotta

10 Farnsworth Street, Boston, Massachusetts 02210, United States

$3,100,000

$1,409/SF

Building Size

2,200 SF

Asset Type

Closing

May 15, 2022

About this deal

AI

A condo located at 10 Farnsworth St Unit 2b in Boston, MA has been sold. The property, spanning 2,200 square feet, was sold for a price of $3,100,000, resulting in a price per square foot of $1,409.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,100,000
  • Address: 10 Farnsworth St Unit 2b, Boston, MA
  • Square Footage: 2,200

The buyers of the property are Tania C Wallace and Daniel M Wallace. The seller in this transaction is Michael Pallotta.

The commercial sale at 10 Farnsworth Street, Boston, Massachusetts 02210, United States in Boston, Massachusetts sold for $3.1M in 2022. The building is 2,200 square feet, implying about 1.4K per square foot on the published price. This page is the Boston, Massachusetts file for the 10 Farnsworth Street, Boston, Massachusetts 02210, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Boston sit in the Market section below. Filter that Boston commercial set by closing date to see what else sold near 10 Farnsworth Street, Boston, Massachusetts 02210, United States around 2022. Published consideration for 10 Farnsworth Street, Boston, Massachusetts 02210, United States is $3.1M, dated 2022. Cite this Tania C Wallace & Daniel M Wallace Acquire Boston Condo From Michael Pallotta sale when underwriting similar commercial product around Boston, Massachusetts.

Players

Boston CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $3.1M for 2,200 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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