Crystal M. Roach Of The Roach & Sherman Team Acquires Condo In Boston, MA For $2.7M
SOLD
$2,711,000
Massachusetts
See Similar Deals2,152 SF
Sold 06/03/2022
SOLD
Crystal M. Roach Of The Roach & Sherman Team Acquires Condo In Boston, MA For $2.7M
79 Montgomery Street, Boston, Massachusetts 02116, United States
See Similar Deals2,152 SF
Sold 06/03/2022
Summary
MASSACHUSETTS
Price Per Square Foot:$1,259
Total Square Footage:2,152 SF
Transaction Type:Sale
Crystal M. Roach, Rob Kilgore, and Alavi Braza were the individuals involved in the sale of a condo located at 79 Montgomery St in Boston, MA. The transaction took place on 06/03/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,711,000
- Address: 79 Montgomery St, Boston, MA
- Square Footage: 2,152
- Price per Square Foot: $1,260
Crystal M. Roach, representing The Roach & Sherman Team, acted as the buyer's representative in the deal. On the other hand, Rob Kilgore, from The Biega Kilgore Team, served as the seller's representative.
It is worth noting that the buyers successfully closed the deal by employing a creative offer strategy, enabling them to avoid competing in a weekend of open houses. This approach proved to be mutually beneficial for both the sellers and buyers.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,586.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,631.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,851.52
Annual Debt Service$154,218.28
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