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251 Boylston Street, Watert...

Updated Oct 28, 2024

Codey Gillum & Areen Artinian Acquire Watertown, MA Condo From Azad Design & Build LLC
SOLD

Codey Gillum & Areen Artinian Acquire Watertown, MA Condo From Azad Design & Build LLC

251 Boylston Street, Watertown, Massachusetts 02472, United States

$1,050,000

$473/SF

Building Size

2,216 SF

Asset Type

Closing

Jan 23, 2022

About this deal

AI

A condo located at 251 Boylston St in Watertown, MA has been sold for a price of $1,050,000. The condo has a total area of 2,216 square feet, resulting in a price per square foot of $474. The transaction took place on the date of 01/24/2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,050,000
  • Square Footage: 2,216
  • Price per Square Foot: $474
  • Address: 251 Boylston St, Watertown, MA

Codey Gillum & Areen Artinian purchased the condo from Azad Design & Build LLC. The transaction was facilitated by broker Jon Shilalis of Shilalis Real Estate, who acted as a dual agent representing both the buyer and the seller. For further inquiries, Morgan Wigden of Morgan Wigden Design Co can be reached at 617-564-8567 or via email at [email protected]. Additional information can be found at shilalis.com.

Players

Jon Shilalis

Shilalis Real Estate

Broker

$2.4M

vol

2 deals

Broker

Watertown CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $473 per square foot on a published $1.1M for 2,216 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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