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1166 Washington Street

Atelier Family Acquires Condo At 1166 Washington St Unit 602 In Boston, MA For $1.45M
SOLDCondo

Atelier Family Acquires Condo At 1166 Washington St Unit 602 In Boston, MA For $1.45M

1166 Washington Street

$1,450,000

$1,146/SF

Building Size

1,265 SF

Asset Type

Condo

Closing

Jul 13, 2022

AI

The recently closed property transaction involved a condominium unit located at 1166 Washington St Unit 602 in Boston, MA. The condo spans across 1,265 square feet and was sold for a price of $1,450,000, resulting in a price per square foot of $1,146.

Summary of transaction details:

The buyer, Atelier Family, acquired the property from the seller, Uli Mittermaier. The transaction was facilitated by Alexandra Haueisen from Coldwell Banker Realty, who represented the parties involved in the deal.

Players

Alexandra Haueisen

Coldwell Banker

Broker

$5M

vol

3 deals

Broker

Dorchester Center 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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93