Jeffrey Korzon & Jesse Greenstein Sell Residential Apartment On Gloucester St In Boston For $1.24M
9 Gloucester St, Boston, Massachusetts, USA
$1,237,500
$1,114/SF
Building Size
1,110 SF
Asset Type
Co-Op
Closing
Nov 4, 2020
AI
A residential apartment located at 9 Gloucester St in Boston, MA has been sold in a recent transaction. The property was represented by Jeffrey Korzon, while the buyer was represented by Jesse Greenstein. The sale was completed on 11/05/2020.
Summary of transaction details:
- Property Type: Residential Apartment
- Transaction Amount: $1,237,500
- Asking Price: $1,295,000
Jeffrey Korzon and Jesse Greenstein played key roles in this deal as the seller's and buyer's representatives, respectively. The transaction resulted in a sale price of $1,237,500. The address of the property is 9 Gloucester St in Boston, MA.
Players
Boston Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.82%
Cash-on-Cash
-3.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93