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The Lush Group Acquires Condo On Beacon Street, Boston For $3.3M
SOLD
$3,300,000
Massachusetts
See Similar DealsCondo2,062 SF
Sold 03/28/2024
SOLD
The Lush Group Acquires Condo On Beacon Street, Boston For $3.3M
193 Beacon Street
See Similar DealsCondo2,062 SF
Sold 03/28/2024
Summary
MASSACHUSETTS
Asset Type:Condo
Price Per Square Foot:$1,600
Total Square Footage:2,062 SF
Transaction Type:Sale
A beautifully renovated 3-bedroom, 2.5 bathroom condo on Beacon Street in Boston's Back Bay area was sold for $3.3 million. The property spans 2,062 square feet and was purchased at a price per square foot of $1,600.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $3,300,000
- Address: 193 Beacon Street
- Market: Boston, MA
The buyer in this transaction was represented by The Lush Group from Compass, while the seller was represented by Maggie Lawler from Mgs Group Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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