Updated Sep 9, 2024
Steve Ko Acquires Boston Condo On West Cedar Street From Jon Hanem In $2.8M Deal With Buyer's Rep Morgan Franklin - Coldwell Banker
21 W Cedar St #1 Boston, MA 02108, USA
$2,800,000
$970/SF
Building Size
2,884 SF
Asset Type
Condo
Closing
Jul 5, 2023
About this deal
AI
A 2,884 square foot condo located at 21 West Cedar Street in Boston, MA has been sold for $2,800,000. This property was listed as a Condo in the market. The price per square foot was $971.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,800,000
- Address: 21 West Cedar Street
- Market: Boston, MA
- Buyer: Steve Ko
- Seller: Jon Hanem
- Buyer's Representative: Morgan Franklin - Coldwell Banker
- Square Footage: 2,884
- Price per Square Foot: $971
Steve Ko was the buyer in this transaction, while Jon Hanem was the seller. The buyer's representative in the deal was Morgan Franklin from Coldwell Banker.
On the Map
$2,800,000
$970/SF
Condo
View full map
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $970 per square foot on a published $2.8M for 2,884 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93