Douglas Elliman Acquires Condo At 33 Commercial Wharf In Boston For $2.15M
33 Commercial Wharf, Boston, Massachusetts 02110, United States
$2,150,000
$1,130/SF
Building Size
1,902 SF
Asset Type
—
Closing
May 25, 2022
AI
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.
Players
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93