Morgan Franklin Group Acquires Condo At 35 Channel Center St, Boston For $1.31M
35 Channel Center Street, Boston, Massachusetts 02210, United States
$1,310,000
$929/SF
Building Size
1,410 SF
Asset Type
—
Closing
May 23, 2022
AI
The property involved in this closed transaction is a condo located at 35 Channel Center St, Boston, MA. The condo spans 1,410 square feet and was sold for $1,310,000. The price per square foot for this transaction was $929.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,310,000
The sale of this condo was facilitated by two brokers. Morgan Franklin from Morgan Franklin Group and Robb Cohen from Robb Cohen Team represented the parties involved in the transaction.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.11%
Cash-on-Cash
-3.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93