Jeffrey Korzon & Jesse Greenstein Sell Residential Apartment On Gloucester St In Boston For $1.24M
SOLD
$1,237,500
Massachusetts
See Similar DealsCo-Op1,110 SF
Sold 11/05/2020
SOLD
Jeffrey Korzon & Jesse Greenstein Sell Residential Apartment On Gloucester St In Boston For $1.24M
9 Gloucester St, Boston, Massachusetts, USA
See Similar DealsCo-Op1,110 SF
Sold 11/05/2020
Summary
MASSACHUSETTS
Asset Type:Co-Op
Price Per Square Foot:$1,114
Total Square Footage:1,110 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,396.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,866.38
Annual Debt Service$70,396.58
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