Hdt Acquires Condo At 5 Grimes St In Boston For $712K
SOLD
$712,000
Massachusetts
See Similar Deals1,200 SF
Sold 02/17/2022
SOLD
Hdt Acquires Condo At 5 Grimes St In Boston For $712K
5 Grimes Street, South Boston Naval Annex, Massachusetts 02127, United States
See Similar Deals1,200 SF
Sold 02/17/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$593
Total Square Footage:1,200 SF
Transaction Type:Sale
A 1,200 square foot condo located at 5 Grimes St in Boston, MA was recently sold for $712,000. The property was listed by Coldwell Banker and the sale was completed on February 17, 2022. The buyer, Hdt, purchased the condo from the seller, Lelptrust.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $712,000
- Square Footage: 1,200
- Address: 5 Grimes St, Boston, MA
- Market: Boston, MA
Coldwell Banker represented both the buyer and the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$37,973.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,529.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,375.24
Annual Debt Service$40,502.92
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