Updated Dec 21, 2023
Henry Rose Acquires Condo At 49 Marine Rd, Boston For $1.095M
49 Marine Rd, Boston, Massachusetts, USA
$1,095,000
$710/SF
Building Size
1,541 SF
Asset Type
—
Closing
Jul 7, 2020
About this deal
AI
A condominium unit located at 49 Marine Rd in Boston, MA has been sold in a recent transaction. The property, listed as a Condo, was purchased by Henry Rose. The sale, which took place on 07/07/2021, involved a total sale price of $1,095,000. The transaction was completed at the full asking price.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,095,000
- Address: 49 Marine Rd, Boston, MA
Representing the seller in this deal was Morgan Franklin from The Morgan Franklin Group. Quinn Simpson, a representative from Compass, acted on behalf of the buyer, Henry Rose.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $710 per square foot on a published $1.1M for 1,541 square feet (2020).
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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