Updated Sep 5, 2024
Harvey Acquires Mattapan Condo For $416,000 With Broker Jarrett Hurwitz
622 Morton St, Mattapan, MA 02126
$416,000
$332/SF
Building Size
1,250 SF
Asset Type
—
Closing
Mar 8, 2022
About this deal
AI
The condo located at 622 Morton St Unit in Mattapan, MA has recently been sold. The property features a total area of 1,250 square feet. The sale took place on March 9, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $416,000
The buyer of the property is Harvey, while the seller is DeMaio. The sale was facilitated by broker Jarrett Hurwitz of Keller Williams. The asking price for the condo was $408,000, and the final sale price was $416,000. The price per square foot was calculated to be $333.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
38.13%
Cash-on-Cash
-10.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93