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347 Commonwealth Avenue, Bo...

Updated Dec 21, 2023

Ann L Lee & William R Adams Acquire Condo Unit On Commonwealth Ave In Boston For $3.875M
SOLD

Ann L Lee & William R Adams Acquire Condo Unit On Commonwealth Ave In Boston For $3.875M

347 Commonwealth Avenue, Boston, Massachusetts 02115, United States

$3,875,000

$1,761/SF

Building Size

2,200 SF

Asset Type

Closing

Dec 7, 2021

About this deal

AI

The property involved in this transaction is a condo unit located at 347 Commonwealth Ave, Boston, MA. The unit has a total square footage of 2,200. The sale took place on 12/08/2021, with a sale price of $3,875,000. The price per square foot was calculated at $1,761.

Summary of transaction details

  • Property Type: Condo Unit
  • Transaction Amount: $3,875,000
  • Address: 347 Commonwealth Ave, Boston, MA
  • Square Footage: 2,200
  • Price per Square Foot: $1,761

The buyer of the condo unit was Ann L Lee & William R Adams, while the seller was Philip G Aberizk Jr.

Players

Boston CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.8K per square foot on a published $3.9M for 2,200 square feet (2021).

Browse Massachusetts sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.09%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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