DBLL Acquires Condo On 8th St, Boston For $801.5K With Buyer's Rep Morgan Franklin
SOLD
$801,500
Massachusetts
See Similar Deals793 SF
Sold 06/03/2022
SOLD
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
See Similar Deals793 SF
Sold 06/03/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$1,010
Total Square Footage:793 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$42,746.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,847.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,799.52
Annual Debt Service$45,594.23
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