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100 Lovejoy Wharf, Boston, ...

Updated Oct 29, 2024

Sterling Atlantic LLC Acquires Condo On Lovejoy Wharf In Boston For $1.16M
SOLDCondo

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.

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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

13.69%

Cash-on-Cash

-3.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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