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362 West Broadway, Boston, ...

Engel & Volkers Boston Represents Seller In $1.095M Condo Sale On West Broadway, Boston
SOLD

Engel & Volkers Boston Represents Seller In $1.095M Condo Sale On West Broadway, Boston

362 West Broadway, Boston, MA, USA

$1,095,000

$883/SF

Building Size

1,240 SF

Asset Type

Closing

Apr 26, 2021

AI

A condo located at 362 West Broadway in Boston, MA was recently sold in a transaction on April 27, 2021. The property, listed by Danny Wang from Engel & Volkers Boston, was represented by Mark Hand from Compass as the buyer's representative. The asking price and the sale price were both $1,095,000. The condo spans 1,240 square feet, resulting in a price per square foot of $883.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,095,000
  • Address: 362 West Broadway, Boston, MA
  • Seller's Representative: Danny Wang - Engel & Volkers Boston
  • Buyer's Representative: Mark Hand - Compass
  • Size: 1,240 square feet
  • Price Per Square Foot: $883

This transaction involved a condominium property located at 362 West Broadway in Boston, MA. The seller of the condo was represented by Danny Wang from Engel & Volkers Boston, while the buyer was represented by Mark Hand from Compass. The sale price for the condo was $1,095,000, and it spans a total area of 1,240 square feet. The price per square foot for the property was calculated to be $883.

Players

Danny Wang

Engel & Völkers

Broker

$5.6M

vol

5 deals

Broker

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

14.49%

Cash-on-Cash

-4.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93