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9 West Broadway, Boston, Ma...

Andrew Haddad Sells Boston Condo At 9 W Broadway For $1.1M
SOLD

Andrew Haddad Sells Boston Condo At 9 W Broadway For $1.1M

9 West Broadway, Boston, Massachusetts 02127, United States

$1,100,000

$957/SF

Building Size

1,149 SF

Asset Type

Closing

Jul 7, 2022

AI

A condominium unit located at 9 W Broadway, Unit 301 in Boston, MA, was recently sold for $1,100,000. The transaction took place on July 8, 2022, and was facilitated by broker Andrew Haddad. The condo spans a total area of 1,149 square feet, resulting in a price per square foot of $957. The sale also included the benefit of two deeded parking spaces.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $1,100,000
  • Address: 9 W Broadway, Unit 301, Boston, MA
  • Market: Boston, MA
  • Broker: Andrew Haddad
  • Square Footage: 1,149
  • Price per Square Foot: $957
  • Additional Notes: Sale includes 2 deeded parking spaces

The successful sale of this condominium unit at 9 W Broadway, Unit 301, demonstrates the expertise of broker Andrew Haddad in the Boston real estate market. The transaction not only secured the buyer a desirable property but also included the valuable addition of two deeded parking spaces. This sale highlights the strong demand for quality condos in the Boston area and the ability of brokers like Andrew Haddad to facilitate successful transactions.

Players

Andrew Haddad

Northeast Development & Investment

Broker

$33M

vol

15 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93