Crystal M. Roach Of The Roach & Sherman Team Acquires Condo In Boston, MA For $2.7M
79 Montgomery Street, Boston, Massachusetts 02116, United States
$2,711,000
$1,259/SF
Building Size
2,152 SF
Asset Type
—
Closing
Jun 2, 2022
AI
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.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.85%
Cash-on-Cash
-1.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93