Leocorno LLC Purchases Condo At 100 Shawmut Ave Boston From Davis Company For $1.435M
SOLD
$1,435,000
Massachusetts
See Similar DealsCondo
Sold 03/31/2023
SOLD
Leocorno LLC Purchases Condo At 100 Shawmut Ave Boston From Davis Company For $1.435M
100 Shawmut Ave. #610
See Similar DealsCondo
Sold 03/31/2023
Summary
MASSACHUSETTS
Asset Type:Condo
Transaction Type:Sale
The asset involved in this transaction is a condo located at 100 Shawmut Ave., Boston. The property was sold for $1,435,000.00.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,435,000.00
- Buyer: Leocorno LLC
- Seller: Davis Company
- Brokers: Jaimi Meuse - Red Tree Real Estate, Alexandra Lyons
The transaction was facilitated by brokers Jaimi Meuse from Red Tree Real Estate and Alexandra Lyons. Leocorno LLC represents the buyer in this deal, while the seller is represented by Davis Company.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$76,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,098.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,802.63
Annual Debt Service$81,631.59
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