Morgan Franklin & Robb Cohen Acquire Condo At 75 Clarendon St, Boston For $1.575M
75 Clarendon Street, Boston, Massachusetts 02116, United States
$1,575,000
$1,159/SF
Building Size
1,358 SF
Asset Type
—
Closing
May 4, 2022
AI
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.
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
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93