Morgan Franklin Group Coldwell Banker Acquires Condo Unit G In Boston For $1.95M
17 Marlborough Street
$1,950,000
$1,344/SF
Building Size
1,450 SF
Asset Type
Condo
Closing
Jul 8, 2022
AI
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
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93