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580 Washington Street, Bost...

Updated Dec 21, 2023

Compass Acquires Condo In Boston, MA For $1.83M
SOLD

Compass Acquires Condo In Boston, MA For $1.83M

580 Washington Street, Boston, Massachusetts, USA

$1,830,000

$1,070/SF

Building Size

1,710 SF

Asset Type

Closing

Aug 1, 2020

About this deal

AI

The condo located at 580 Washington Street, Unit 1102, in Boston, MA, has been sold for a total price of $1,830,000. The property spans over 1,710 square feet, resulting in a price per square foot of $1,070.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,830,000
  • Address: 580 Washington Street, Unit 1102, Boston, MA
  • Square footage: 1,710
  • Price per square foot: $1,070

The buyer's representative for this transaction was Antonio Khoury from Compass.

The commercial sale at 580 Washington Street, Boston, Massachusetts, USA in Boston, Massachusetts sold for $1.8M in 2020. The building is 1,710 square feet, implying about 1.1K per square foot on the published price. Antonio Khoury, Compass appear on the sale alongside Compass. This page is the Boston, Massachusetts file for the 580 Washington Street, Boston, Massachusetts, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Boston sit in the Market section below. Filter that Boston commercial set by closing date to see what else sold near 580 Washington Street, Boston, Massachusetts, USA around 2020. Published consideration for 580 Washington Street, Boston, Massachusetts, USA is $1.8M, dated 2020. Cite this Compass Acquires Condo In Boston, MA For $1.83M sale when underwriting similar commercial product around Boston, Massachusetts.

Players

Antonio Khoury

Compass

Broker

$78.1M

vol

24 deals

Broker

Boston CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $1.8M for 1,710 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.67%

Cash-on-Cash

-2.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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