Morgan Franklin Group Coldwell Banker Acquires Condo Unit G In Boston For $1.95M
SOLD
$1,950,000
Massachusetts
See Similar DealsCondo1,450 SF
Sold 07/08/2022
SOLD
Morgan Franklin Group Coldwell Banker Acquires Condo Unit G In Boston For $1.95M
17 Marlborough Street
See Similar DealsCondo1,450 SF
Sold 07/08/2022
Summary
MASSACHUSETTS
Asset Type:Condo
Price Per Square Foot:$1,344
Total Square Footage:1,450 SF
Transaction Type:Sale
The recently closed property transaction in Boston, MA involved the sale of a condo unit located at 17 Marlborough St Unit G. The property spans 1,450 square feet and was sold for a total price of $1,950,000, resulting in a price per square foot (PPSF) of $1,345.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,950,000
- Address: 17 Marlborough St Unit G
- Market: Boston, MA
The sale was facilitated by Morgan Franklin from the Morgan Franklin Group Coldwell Banker and Cameron Chesley from the CS Luxury Group Keller Williams. Both brokers represented their respective parties in the transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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