Updated Dec 19, 2023
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
About this deal
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.
The commercial sale at 75 Clarendon Street, Boston, Massachusetts 02116, United States in Boston, Massachusetts sold for $1.6M in 2022. The building is 1,358 square feet, implying about 1.2K per square foot on the published price. Robert "Robb" Cohen, Morgan Franklin, Engel & Völkers, Coldwell Banker appear on the sale alongside Engel & Völkers, Coldwell Banker. This page is the Boston, Massachusetts file for the 75 Clarendon Street, Boston, Massachusetts 02116, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Boston sit in the Market section below. Filter that Boston commercial set by closing date to see what else sold near 75 Clarendon Street, Boston, Massachusetts 02116, United States around 2022. Published consideration for 75 Clarendon Street, Boston, Massachusetts 02116, United States is $1.6M, dated 2022. Cite this Morgan Franklin & Robb Cohen Acquire Condo At 75 Clarendon St, Boston For $1.575M sale when underwriting similar commercial product around Boston, Massachusetts.
Players
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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