facebook
Traded Co logo
Submit

Red Tree Real Estate LLC Acquires Condo In Boston For $1.55M

Property Image
SOLD
$1,550,000

Massachusetts

See Similar Deals
Co-Op1,195 SF
Sold 11/14/2022
the dealplayerscompscontact
Property Image
SOLD

Red Tree Real Estate LLC Acquires Condo In Boston For $1.55M

45 Temple Street, #507

See Similar Deals
Co-Op1,195 SF
Sold 11/14/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:Co-Op
Price Per Square Foot:$1,297
Total Square Footage:1,195 SF
Transaction Type:Sale

The Condo located at 45 Temple St in Boston, MA has been sold in a closed transaction. The property was purchased by Red Tree Real Estate LLC, represented by Nicole Stabnikov. The seller, The Charles King Group, was represented by James Gordon. The sale price for the Condo was $1,550,000 with a total square footage of 1,195. The price per square foot was $1,297.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,550,000
  • Square Footage: 1,195
  • Price per Square Foot: $1,297
  • Address: 45 Temple St, Boston, MA

Nicole Stabnikov from Red Tree Real Estate LLC represented the buyer, while James Gordon from The Charles King Group represented the seller in the transaction.

Players

Nicole Stabnikov
14 deals$19M volume(617) 487-8015
BROKER

Details

SOLD
IMAGE: Nicole Stabnikov DATE: 11/14/2022 ADDRESS: 45 Temple St MARKET: Boston, MA ASSET TYPE: Condo BUYER: Red Tree Real Estate LLC - Nicole Stabnikov (@NicoleStabnikov) SELLER: The Charles King Group - James Gordon SALE PRICE: $1,550,000 SF: 1,195 ~ PPSF: $1,297

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$82,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49