Updated May 12, 2025
Andrew Haddad & Joe Karam Of Northeast Development & Investment Broker Sale Of Condo In Boston For $2.825M
2 Avery Street
$2,825,000
$1,296/SF
Building Size
2,179 SF
Asset Type
Condo
Closing
Mar 6, 2025
About this deal
AI
The property asset involved in this transaction is a condo located at 2 Avery Street in Boston, MA. It was sold for $2,825,000, with a total square footage of 2,179, resulting in a price per square foot of $1,296.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,825,000
- Square Footage: 2,179
- Price Per Square Foot: $1,296
- Address: 2 Avery Street
- Market: Boston, MA
The deal was represented by Andrew Haddad and Joe Karam from Northeast Development & Investment, reflecting their roles as representatives for both the buyer and seller in this transaction.
On the Map
$2,825,000
$1,296/SF
Condo
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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
5.62%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93