Red Tree Real Estate LLC Represents Sale Of 11 Park Dr Condo In Boston, MA For $560,000
11 Park Drive
$560,000
Building Size
—
Asset Type
Condo
Closing
Sep 1, 2022
AI
This transaction involved a condo asset located at 11 Park Dr U3 in Boston, MA. The property was sold for a price of $560,000, featuring a total square footage of 650. The price per square foot for this sale was $862.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $560,000
- Address: 11 Park Dr U3
- Market: Boston, MA
- Square Feet: 650
- Price per Square Foot: $862
Nicole Stabnikov from Red Tree Real Estate LLC represented the buyer in this transaction, while the seller was represented by Stephen Mcavenia, also from Red Tree Real Estate LLC.
Players
Huntington 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
28.33%
Cash-on-Cash
-8.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93