The Morgan Franklin Group Sells Boston Condo For $980,000
SOLD
$980,000
Massachusetts
See Similar Deals1,503 SF
Sold 03/18/2022
SOLD
The Morgan Franklin Group Sells Boston Condo For $980,000
380 Bunker Hill Street, Boston, Massachusetts 02129, United States
See Similar Deals1,503 SF
Sold 03/18/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$652
Total Square Footage:1,503 SF
Transaction Type:Sale
A condo located at 380 Bunker Hill St in Boston, MA has been sold for a total price of $980,000. The property spans across 1,503 square feet, resulting in a price per square foot of $652. The sale of this condo was facilitated by brokers Morgan Franklin and Joe Kelley from The Morgan Franklin Group.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $980,000
- Address: 380 Bunker Hill St, Boston, MA
- Square Footage: 1,503
- Price per Square Foot: $652
- Brokers: Morgan Franklin & Joe Kelley - The Morgan Franklin Group
Morgan Franklin and Joe Kelley, representing The Morgan Franklin Group, played a crucial role in the successful sale of the condo property at 380 Bunker Hill St. Their expertise and negotiation skills contributed to the completion of this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$52,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,481.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,645.70
Annual Debt Service$55,748.40
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