Castleknock Realty Group Acquires Condo In Boston, MA For $500K
SOLD
$500,000
Massachusetts
See Similar Deals1,001 SF
Sold 03/07/2021
SOLD
Castleknock Realty Group Acquires Condo In Boston, MA For $500K
64-66 Armandine Street
See Similar Deals1,001 SF
Sold 03/07/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$499
Total Square Footage:1,001 SF
Transaction Type:Sale
Unit 1 of 64-66 Armandine Street in Boston, MA has been sold. The condo, with a total area of 1,001 square feet, was listed for $519,000. The final sale price for the property was $500,000, resulting in a price per square foot of $500.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $500,000
- Date: 03/08/2021
- Address: 64-66 Armandine Street, Unit 1, Boston, MA
- Seller's Representative: Julian Addy - Boston Trust Realty Group
- Buyer's Representative: David Stevens - Castleknock Realty Group, Inc.
Julian Addy from Boston Trust Realty Group represented the seller in the transaction, while David Stevens from Castleknock Realty Group, Inc. acted as the buyer's representative.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$26,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,776.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,370.26
Annual Debt Service$28,443.06
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