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79 Montgomery Street, Bosto...

Crystal M. Roach Of The Roach & Sherman Team Acquires Condo In Boston, MA For $2.7M
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

$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

Crystal M. Roach

Compass

Broker

$17.2M

vol

2 deals

Broker

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

5.85%

Cash-on-Cash

-1.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93