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
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