Updated Dec 21, 2023
Jeff & Laura Similien Sell Boston Condo For $505,000
71 Savin Street, Boston, MA, USA
$505,000
$459/SF
Building Size
1,100 SF
Asset Type
—
Closing
Feb 25, 2021
About this deal
AI
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.
Players
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
31.41%
Cash-on-Cash
-8.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93