SOLDCondo
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
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.
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
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