Engel & Völkers Boston Sells Condo Unit In Boston, MA For $1.025M
SOLD
$1,025,000
Massachusetts
See Similar Deals2,018 SF
Sold 02/04/2021
SOLD
Engel & Völkers Boston Sells Condo Unit In Boston, MA For $1.025M
603 East 6th Street, Boston, Massachusetts, USA
See Similar Deals2,018 SF
Sold 02/04/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$507
Total Square Footage:2,018 SF
Transaction Type:Sale
Located at 603 East 6th Street Unit in Boston, MA, this recently sold property is a condo with a total area of 2,018 square feet. The property was listed with an asking price of $1,149,000 and was sold for $1,025,000, resulting in a price per square foot of $508.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,025,000
- Address: 603 East 6th Street Unit, Boston, MA
- Seller's Representative: Danny Wang (@itsdannywang) - Engel & Völkers Boston
- Buyer's Representative: Paula Coskren - Pilgrim 1 Realty
Danny Wang from Engel & Völkers Boston represented the seller in this transaction, while Paula Coskren from Pilgrim 1 Realty represented the buyer. The property features 2,018 square feet of living space and was sold for a final price of $1,025,000.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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