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603 East Sixth Street, Bost...

Compass Represents Buyer And Engel & Völkers Represents Seller In $1.07M Boston Condo Sale
SOLD

Compass Represents Buyer And Engel & Völkers Represents Seller In $1.07M Boston Condo Sale

603 East Sixth Street, Boston, Massachusetts 02127, United States

$1,070,000

$753/SF

Building Size

1,421 SF

Asset Type

Closing

Jul 26, 2022

AI

A condominium located at 603 E 6th St, Boston, MA was recently sold in a closed transaction. The property, spanning 1,421 square feet, was sold for a price of $1,070,000, resulting in a price per square foot of $753.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,070,000
  • Square Footage: 1,421 sqft
  • Price per Square Foot: $753
  • Address: 603 E 6th St, Boston, MA

The buyer was represented by Scott Nelson from Compass, while the seller was represented by Danny Wang from Engel & Völkers.

These key individuals and companies played crucial roles in facilitating the sale, ensuring a smooth transaction for both parties involved.

Players

Danny Wang

Engel & Völkers

Broker

$5.6M

vol

5 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

14.83%

Cash-on-Cash

-4.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93