Updated Sep 9, 2024
Matthew Scholder Acquires Condo On Commonwealth Ave, Boston For $3.75M
192 Commonwealth Avenue, Boston, Massachusetts, USA
$3,750,000
$1,359/SF
Building Size
2,759 SF
Asset Type
—
Closing
Aug 4, 2021
About this deal
AI
Located in Boston, MA, the property at 192 Commonwealth Ave Apt 4 was recently sold in a closed transaction. The condo, spanning 2,759 square feet, offers a spacious living space for the new owner. The sale took place on August 5, 2021, with Andrew Haddad handling the transaction as the broker.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,750,000
- Asking Price: $3,990,000
- Square Footage: 2,759
- Price per Square Foot: $1,359
- Address: 192 Commonwealth Ave Apt 4, Boston, MA
- Market: Boston, MA
The buyer of the condo is Matthew Scholder, while Erica Mastrangelo is the seller. Andrew Haddad, representing the buyer, facilitated the deal as the broker. The property attracted considerable interest, and after negotiations, the transaction closed successfully at a sale price of $3,750,000.
On the Map
$3,750,000
$1,359/SF
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Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3.8M for 2,759 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93