Updated Dec 21, 2023
Thrive Real Estate Brokers Sell South Boston Condo For $1.46M
881 East 2nd Street, Boston, MA, USA
$1,455,000
$782/SF
Building Size
1,860 SF
Asset Type
—
Closing
Dec 7, 2020
About this deal
AI
Located at 881 E. Second Street PH12 in South Boston, MA, this condominium unit was recently sold. The transaction took place on December 8, 2020.
Summary of transaction details
- Property Type: Condo
- Asking Price: $1,499,000
- Sale Price: $1,455,000
- Square Footage: 1,860
- Price per Square Foot: $782
- Brokers: Briana Willander & Ashley Davidson - Thrive Real Estate
Briana Willander and Ashley Davidson of Thrive Real Estate represented the parties involved in this sale. The property was successfully sold for $1,455,000, slightly below the asking price. With its spacious 1,860 square feet of living space, this South Boston condo offers a great value at a price per square foot of $782. The buyers can enjoy the amenities and convenience of this well-appointed condominium.
Players
South Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $782 per square foot on a published $1.5M for 1,860 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.90%
Cash-on-Cash
-3.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93