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
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