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234 Causeway Street Boston,...

H Paul Acquires Condo On Causeway Street In Boston
SOLDCondo

H Paul Acquires Condo On Causeway Street In Boston

234 Causeway Street Boston, Massachusetts 02114, USA

$2,250,000

$1,017/SF

Building Size

2,212 SF

Asset Type

Condo

Closing

May 11, 2023

AI

H Paul has successfully acquired the 2,212-square-foot condominium located at 234 Causeway Street in Boston. The historic unit, built in 1899, was sold for a total purchase price of $2,250,000, amounting to $1,017 per square foot. The transfer of ownership from Christopher Kelly and Kristina Kelly to H Paul was finalized on May 11.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,250,000
  • Address: 234 Causeway Street
  • Market: Boston, MA
  • SF: 2,212
  • PPSF: $1,017
  • Buyer: H Paul
  • Seller: Christopher Kelly & Kristina Kelly

The successful acquisition of the unit at 234 Causeway Street in Boston was made possible by H Paul. The deal marks the transfer of ownership from the sellers, Christopher Kelly and Kristina Kelly, to H Paul. With a purchase price of $2,250,000, the historic condominium with 2,212 square feet of space was sold at a rate of $1,017 per square foot. The transaction was finalized on May 11.

Players

Christopher Kelly

Seller

$4.8M

vol

2 deals

Seller

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

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93