Updated Nov 20, 2023
Janice And Richard Sturchio Acquire Condo At 291 Marlborough Street In Boston For $1.7M
291 Marlborough Street Boston, Massachusetts 02116, USA
$1,700,000
$1,674/SF
Building Size
1,015 SF
Asset Type
Condo
Closing
May 12, 2023
About this deal
AI
Janice Sturchio and Richard Sturchio have successfully acquired the 1,015 square-foot condominium located at 291 Marlborough Street in Boston. The property, built in 1880, was sold for a total price of $1,700,000, equivalent to $1,675 per square foot. The transfer of ownership from John E Salo and Kristine E Salo was completed on May 12.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,700,000
- Square footage: 1,015
- Price per square foot: $1,675
- Address: 291 Marlborough Street, Boston, MA
- Buyer: Janice Sturchio & Richard Sturchio
- Seller: John E Salo & Kristine E Salo
Janice Sturchio and Richard Sturchio, represented by their broker, successfully acquired the 1,015 square-foot condominium at 291 Marlborough Street. The property, built in 1880, was sold for a total price of $1,700,000. The transfer of ownership from John E Salo and Kristine E Salo was completed on May 12.
Players
Boston Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $1.7M for 1,015 square feet (2023).
Browse Massachusetts condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93