Updated Feb 16, 2024
Antonio Khoury Of Compass Sells Downtown Condo At 580 Washington St For $1.84M
580 Washington Street, Boston, Massachusetts 02111, United States
$1,840,000
$1,614/SF
Building Size
1,140 SF
Asset Type
—
Closing
Feb 28, 2022
About this deal
AI
Antonio Khoury of Compass recently facilitated the sale of a condominium unit located at 580 Washington St UNIT 903 in the Downtown market. The transaction took place on 03/01/2022, with the property being sold for a total price of $1,840,000. The condo spans an area of 1,625 square feet, resulting in a price per square foot of $1,132.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,840,000
- Address: 580 Washington St UNIT 903
- Market: Downtown
Antonio Khoury of Compass served as the broker in this deal, representing the parties involved. This successful transaction showcases his expertise and ability to navigate the real estate market.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $1.8M for 1,140 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.62%
Cash-on-Cash
-2.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93