Updated Dec 20, 2023
Kathleen F. Ix Purchases 2,351 SF Condo On Commonwealth Ave, Boston For $5,048,000
283 Commonwealth Avenue, Boston, Massachusetts 02115, United States
$5,048,000
$2,147/SF
Building Size
2,351 SF
Asset Type
—
Closing
Jun 29, 2022
About this deal
AI
Located at 283 Commonwealth Ave in Boston, MA, this Condo was recently sold in a closed transaction on June 30, 2022. The property spans 2,351 square feet, offering ample space for its future residents. The transaction involved Kathleen F. Ix as the buyer and Kevin Capone as the seller. The sale price for this property was $5,048,000, resulting in a price per square foot of $2,147.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,048,000
- Address: 283 Commonwealth Ave, Boston, MA
- Buyer: Kathleen F. Ix
- Seller: Kevin Capone
- Square Footage: 2,351
- Price Per Square Foot: $2,147
This closed transaction was facilitated by Kathleen F. Ix's representative from her agency. The deal was successfully closed, thanks to the efforts of both the buyer and seller, Kathleen F. Ix and Kevin Capone, respectively. The property's unique features and location made it an attractive investment opportunity for Kathleen F. Ix. It is always exciting to witness successful transactions in the real estate market, and this sale is no exception.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $5M for 2,351 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.14%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93