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121 Portland Street, Boston...

K Lombardo Acquires Condo At 121 Portland St, Unit 602 For $840K
SOLD

K Lombardo Acquires Condo At 121 Portland St, Unit 602 For $840K

121 Portland Street, Boston, Massachusetts 02114, United States

$840,000

$916/SF

Building Size

917 SF

Asset Type

Closing

Mar 30, 2022

AI

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.

Players

Andrew Haddad

Northeast Development & Investment

Broker

$33M

vol

15 deals

Broker

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

18.88%

Cash-on-Cash

-5.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93