Updated Oct 29, 2024
Sterling Atlantic LLC Acquires Condo On Lovejoy Wharf In Boston For $1.16M
100 Lovejoy Wharf, Boston, Massachusetts 02114, United States
$1,159,000
Building Size
—
Asset Type
Condo
Closing
Mar 24, 2023
About this deal
AI
The Condo located at 100 Lovejoy Wharf in Boston, MA was sold on 03/24/2023. The property was sold for a total price of $1,159,000. The buyer of the condo is Sterling Atlantic Llc, while the seller is Anokh Palakurthi. The property is located in the Boston market.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,159,000
- Address: 100 Lovejoy Wharf, Boston, MA
- Buyer: Sterling Atlantic Llc
- Seller: Anokh Palakurthi
The sale of this condo marks an important transaction in the Boston real estate market. It showcases the demand for properties in this area and the willingness of buyers to invest in high-value assets. While no additional details were provided about the condo, its location in the highly sought-after market of Boston, combined with its selling price, indicates that it is a desirable property. This sale demonstrates the continued growth and stability of the real estate market in Boston.
Players
Boston Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.69%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93