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45 Temple Street, #507

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

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

45 Temple Street, #507

$1,550,000

$1,297/SF

Building Size

1,195 SF

Asset Type

Co-Op

Closing

Nov 14, 2022

AI

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

Red Tree Real Estate

Broker

$19M

vol

14 deals

Broker

James Gordon

Seller

$24.9M

vol

3 deals

Seller

Mattapan Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93