Related Beal Sells Condo At 380 Harrison Ave, Boston For $1.45M. Buyer's Rep: Danny Wang - Engel & Volkers Boston. Seller's Rep: Erin DeGenova
SOLD
Massachusetts
See Similar Deals928 SF
Sold 12/10/2021
SOLD
Related Beal Sells Condo At 380 Harrison Ave, Boston For $1.45M. Buyer's Rep: Danny Wang - Engel & Volkers Boston. Seller's Rep: Erin DeGenova
380 Harrison Ave, Boston, Massachusetts, USA
See Similar Deals928 SF
Sold 12/10/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$1,567
Total Square Footage:928 SF
Transaction Type:Sale
The transaction involved a condo located at 380 Harrison Ave, Boston, MA, encompassing a total of 928 square feet. The asking price for the property was set at $1,454,800, which matched the final sale price, resulting in a price per square foot of $1,568.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,454,800
- Asset Address: 380 Harrison Ave, Boston, MA
- Seller: Related Beal
- Buyer's Representative: Danny Wang - Engel & Volkers Boston
- Seller's Representative: Erin DeGenova
- Square Footage: 928
- Price Per Square Foot: $1,568
The deal saw Danny Wang representing the buyer while Erin DeGenova acted on behalf of the seller. The transaction concluded on 12/10/2021, affirming the agreed sale price and terms set forth initially.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,589.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,168.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,896.49
Annual Debt Service$82,757.93
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