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71 Savin Street, Boston, Ma...

Chiara Degani Acquires Condo In Boston For $497,000
SOLD

Chiara Degani Acquires Condo In Boston For $497,000

71 Savin Street, Boston, Massachusetts, USA

$497,000

$466/SF

Building Size

1,065 SF

Asset Type

Closing

Feb 21, 2021

AI

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.

Players

Jeff Similien

DMG Brokerage

Broker

$8.2M

vol

11 deals

Broker
EI
Edge Real Estate InvestmentsSeller

Boston CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

31.92%

Cash-on-Cash

-9.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93