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100 Shawmut Ave. #610

Leocorno LLC Purchases Condo At 100 Shawmut Ave Boston From Davis Company For $1.435M
SOLDCondo

Leocorno LLC Purchases Condo At 100 Shawmut Ave Boston From Davis Company For $1.435M

100 Shawmut Ave. #610

$1,435,000

Building Size

Asset Type

Condo

Closing

Mar 31, 2023

AI

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:

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.

Players

Jaimi Meuse

Red Tree Real Estate

Broker

$12.7M

vol

7 deals

Broker
LL
Leocorno LLCBuyer
DC
Davis CompanySeller

Boston Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.05%

Cash-on-Cash

-3.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93