Chiara Degani Acquires Condo In Boston For $497,000
SOLD
$497,000
Massachusetts
See Similar Deals1,065 SF
Sold 02/22/2021
SOLD
Chiara Degani Acquires Condo In Boston For $497,000
71 Savin Street, Boston, Massachusetts, USA
See Similar Deals1,065 SF
Sold 02/22/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$466
Total Square Footage:1,065 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 71 Savin Street, Boston, MA. The condo has a total area of 1,065 square feet. The sale of the condo was completed on February 22, 2021.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $497,000
The seller in this transaction was Edge Real Estate Investments, while the buyer was Chiara Degani. The deal was facilitated by brokers Jeff Similien and Laura Similien of Boston Trust Realty Group.
The property was listed at an asking price of $519,000, and the final sale price was negotiated to $497,000. The price per square foot for this transaction was $467.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$26,506.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,765.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,356.03
Annual Debt Service$28,272.40
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