Morgan Franklin & Robb Cohen Acquire Condo At 75 Clarendon St, Boston For $1.575M
SOLD
$1,575,000
Massachusetts
See Similar Deals1,358 SF
Sold 05/05/2022
SOLD
Morgan Franklin & Robb Cohen Acquire Condo At 75 Clarendon St, Boston For $1.575M
75 Clarendon Street, Boston, Massachusetts 02116, United States
See Similar Deals1,358 SF
Sold 05/05/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$1,159
Total Square Footage:1,358 SF
Transaction Type:Sale
The sale of a condo located at 75 Clarendon St, Boston, MA has closed for a price of $1,575,000. The property has a total square footage of 1,358, resulting in a price per square foot of $1,160.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,575,000
The sale was facilitated by The Morgan Franklin Group and Robb Cohen of Engel & Volkers, who served as the brokers for this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64
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