DBLL Acquires Condo On 8th St, Boston For $801.5K With Buyer's Rep Morgan Franklin
197 West Eighth Street, Boston, Massachusetts 02127, United States
$801,500
$1,010/SF
Building Size
793 SF
Asset Type
—
Closing
Jun 2, 2022
AI
Located at 197 8th St in Boston, MA, this condo was recently sold in a closed transaction. The property is a condominium unit with a total area of 793 square feet. It offers a comfortable living space for its new owner.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $801,500
- Date: 06/03/2022
- Seller: Cara SOC
- Buyer: DBLL
- Brokers: Morgan Franklin - The Morgan Franklin Group & David Green group
The transaction took place on 06/03/2022 and was facilitated by brokers Morgan Franklin from The Morgan Franklin Group and David Green from the David Green group. They represented the buyer and seller, respectively, ensuring a smooth transaction.
The sale price for this condo was $801,500, resulting in a price per square foot of $1,010. The property offers a great opportunity for investment or residence in the vibrant city of Boston. Congratulations to the buyer, DBLL, on their new acquisition.
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.79%
Cash-on-Cash
-5.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93