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64-66 Armandine Street

Castleknock Realty Group Acquires Condo In Boston, MA For $500K
SOLD

Castleknock Realty Group Acquires Condo In Boston, MA For $500K

64-66 Armandine Street

$500,000

$499/SF

Building Size

1,001 SF

Asset Type

Closing

Mar 7, 2021

AI

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

Julian Addy

William Raveis Real Estate

Broker

$19.7M

vol

22 deals

Broker
Boston Trust Realty Group
Boston Trust Realty GroupBrokerage

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

31.73%

Cash-on-Cash

-9.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93