facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

All

/

Sale

/

43 Commonwealth Ave

Morgan Franklin Group Acquires Back Bay Condo For $2.5M
SOLD

Morgan Franklin Group Acquires Back Bay Condo For $2.5M

43 Commonwealth Ave

$2,600,000

$1,225/SF

Building Size

2,122 SF

Asset Type

Closing

Jun 14, 2020

AI

A condominium located at 43 Commonwealth Ave in Back Bay has been sold. The property features a total square footage of 2,122 and was sold for a price of $2,525,000. The asking price for this condo was $2,600,000, with a price per square foot of $1,190.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,525,000
  • Address: 43 Commonwealth Ave, Back Bay
  • Square Footage: 2,122
  • Asking Price: $2,600,000
  • Price per Square Foot: $1,190

The sale of this condominium was facilitated by Morgan Franklin from The Morgan Franklin Group and Tracy Campion from Campion & Company Fine Homes Real Estate.

Please note that the transaction has been successfully completed.

Players

Tracy Campion

Broker

$93M

vol

11 deals

Broker

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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93