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257 Marlborough Street, Bos...

Compass' Ethan Goodrich Acquires Boston Condo On Marlborough St. For $1.4M
SOLD

Compass' Ethan Goodrich Acquires Boston Condo On Marlborough St. For $1.4M

257 Marlborough Street, Boston, Massachusetts, USA

$1,400,000

$1,325/SF

Building Size

1,056 SF

Asset Type

Closing

Mar 7, 2021

AI

Located at 257 Marlborough St. in Boston, Massachusetts, this recently sold property is a condo with a total area of 1,056 square feet. The transaction took place on March 8, 2021, and the sale price was $1,400,000, resulting in a price per square foot of $1,3256. The property features a desirable location in the heart of Boston.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,400,000
  • Square Footage: 1,056
  • Address: 257 Marlborough St., Boston, MA

The seller's representative for this transaction was Carmela Laurella from CL Properties, while Ethan Goodrich from The Goodrich Team at Compass represented the buyer. Both agents played a crucial role in facilitating the successful sale of this condo. The property's sale price emphasizes its value and attractiveness in the Boston real estate market.

Players

Carmela Laurella

Boston Trust Realty Group

Broker

$10.9M

vol

4 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93