Douglas Elliman Acquires Condo At 33 Commercial Wharf In Boston For $2.15M
SOLD
$2,150,000
Massachusetts
See Similar Deals1,902 SF
Sold 05/26/2022
SOLD
Douglas Elliman Acquires Condo At 33 Commercial Wharf In Boston For $2.15M
33 Commercial Wharf, Boston, Massachusetts 02110, United States
See Similar Deals1,902 SF
Sold 05/26/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$1,130
Total Square Footage:1,902 SF
Transaction Type:Sale
A condo located at 33 Commercial Wharf in Boston, MA, was recently sold for a total price of $2,150,000. The property spans across 1,902 square feet and has a price per square foot of $1,130. The transaction took place on May 26, 2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,150,000
- Address: 33 Commercial Wharf, Boston, MA
- Market: Boston, MA
- Square Footage: 1,902
- Price per Square Foot: $1,130
Jesse Greenstein from Douglas Elliman, along with Jeff Hamilton and Jamie Gaines from Columbus & Over Group, represented the interested parties in the sale of the condo at 33 Commercial Wharf.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16
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