Jeff & Laura Similien Sell Boston Condo For $505,000
SOLD
$505,000
Massachusetts
See Similar Deals1,100 SF
Sold 02/26/2021
SOLD
Jeff & Laura Similien Sell Boston Condo For $505,000
71 Savin Street, Boston, MA, USA
See Similar Deals1,100 SF
Sold 02/26/2021
Summary
MASSACHUSETTS
Price Per Square Foot:$459
Total Square Footage:1,100 SF
Transaction Type:Sale
Located in Boston, MA, Unit 3 at 71 Savin Street has been sold in a recent transaction. This property is a condominium with a total area of 1,100 square feet. The transaction took place on February 26, 2021, with an asking price and sale price both set at $505,000. This translates to a price per square foot of $459.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $505,000
- Address: 71 Savin Street, Unit 3, Boston, MA
- Market: Boston, MA
- Brokers: Jeff Similien & Laura Similien - Boston Trust Realty Group Commercial
- Square Footage: 1,100
Representing the sellers in this transaction were Jeff Similien & Laura Similien, who work with Boston Trust Realty Group Commercial. They successfully facilitated the sale of Unit 3 at 71 Savin Street, achieving the full asking price of $505,000.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$26,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,794.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,393.96
Annual Debt Service$28,727.49
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