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71 Savin Street, Boston, MA...

Jeff & Laura Similien Sell Boston Condo For $505,000
SOLD

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

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

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

Jeff Similien

DMG Brokerage

Broker

$8.2M

vol

11 deals

Broker

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