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100 Shawmut Ave.

Leocorno LLC Purchases Condo From Davis Company In Boston For $2.1 Million
SOLDCondo

Leocorno LLC Purchases Condo From Davis Company In Boston For $2.1 Million

100 Shawmut Ave.

$2,100,000

Building Size

Asset Type

Condo

Closing

Oct 15, 2024

AI

The property involved in this transaction is a condominium located at 100 Shawmut Ave., Boston. The asset has been sold for a transaction amount of $2,100,000.00.

Summary of transation details:

Leocorno LLC has completed the purchase from Davis Company, with the representation from brokers Jaimi Meuse of Red Tree Real Estate and Alexandra Lyons. This transaction took place in the Boston market.

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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93