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:
- Property Type: Condo
- Transaction Amount: $2,100,000.00
- Buyer: Leocorno LLC
- Seller: Davis Company
- Date of Sale: 10/15/2024
- Brokers: Jaimi Meuse - Red Tree Real Estate, Alexandra Lyons
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
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