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193 Beacon Street

The Lush Group Acquires Condo On Beacon Street, Boston For $3.3M
SOLDCondo

The Lush Group Acquires Condo On Beacon Street, Boston For $3.3M

193 Beacon Street

$3,300,000

$1,600/SF

Building Size

2,062 SF

Asset Type

Condo

Closing

Mar 28, 2024

AI

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.

Players

Maggie Lawler

Mgs Group Real Estate

Broker

$3.3M

vol

1 deal

Broker

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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93