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295 Beacon Street

Engel & Völkers And The Charles Realty Facilitate $1.57M Condo Sale At 295 Beacon Street In Boston
SOLDCondo

Engel & Völkers And The Charles Realty Facilitate $1.57M Condo Sale At 295 Beacon Street In Boston

295 Beacon Street

$1,575,000

$1,392/SF

Building Size

1,131 SF

Asset Type

Condo

Closing

Oct 17, 2023

AI

Located at 295 Beacon Street, Unit 42 in Boston, MA, this recently sold condo is a remarkable investment opportunity. With a selling price of $1,575,000, this spacious unit spans across 1,131 square feet, resulting in a price per square foot of $1,393. The property features modern amenities and is situated in a highly sought-after neighborhood.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,575,000
  • Address: 295 Beacon Street, Unit 42, Boston, MA
  • Market: Boston, MA
  • Square Footage: 1,131
  • Price per Square Foot: $1,393

Katie Gellenbeck from Engel & Völkers represented the seller during this transaction, while Betsy Herald from The Charles Realty acted as the buyer's representative. Both professionals played integral roles in ensuring a smooth and successful deal.

Players

Betsy Herald

The Charles Realty

Broker

$13.7M

vol

4 deals

Broker

Boston Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93