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
$1,454,800
$1,567/SF
Building Size
928 SF
Asset Type
—
Closing
Dec 10, 2021
AI
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.
Players
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
10.90%
Cash-on-Cash
-3.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93