Compass Represents Buyer And Engel & Völkers Represents Seller In $1.07M Boston Condo Sale
SOLD
$1,070,000
Massachusetts
See Similar Deals1,421 SF
Sold 07/27/2022
SOLD
Compass Represents Buyer And Engel & Völkers Represents Seller In $1.07M Boston Condo Sale
603 East Sixth Street, Boston, Massachusetts 02127, United States
See Similar Deals1,421 SF
Sold 07/27/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$753
Total Square Footage:1,421 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,801.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,072.35
Annual Debt Service$60,868.15
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