K Lombardo Acquires Condo At 121 Portland St, Unit 602 For $840K
SOLD
$840,000
Massachusetts
See Similar Deals917 SF
Sold 03/31/2022
SOLD
K Lombardo Acquires Condo At 121 Portland St, Unit 602 For $840K
121 Portland Street, Boston, Massachusetts 02114, United States
See Similar Deals917 SF
Sold 03/31/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$916
Total Square Footage:917 SF
Transaction Type:Sale
A condominium unit located at 121 Portland St, Unit 602 in Boston, MA, was recently sold for a price of $840,000. The property, which measures approximately 917 square feet, was purchased by K Lombardo from the seller, 121 Portland LLC. The transaction was facilitated by broker Andrew Haddad.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $840,000
- Address: 121 Portland St, Unit 602, Boston, MA
- Market: Boston, MA
- Square Footage: 917
- Price per Square Foot: $916
This sale represents a successful real estate transaction in Boston, MA. Andrew Haddad, a representative from the brokerage firm, played a crucial role in connecting the buyer and the seller, ensuring a smooth and efficient deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$44,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,984.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,982.03
Annual Debt Service$47,784.34
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