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

Property Image
SOLD
$1,575,000

Massachusetts

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Condo1,131 SF
Sold
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Property Image
SOLD

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

295 Beacon Street

See Similar Deals
Condo1,131 SF
Sold
Contact now

Summary

MASSACHUSETTS
Asset Type:Condo
Price Per Square Foot:$1392
Total Square Footage:1131 SF
Transaction Type:Sale

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
4 deals$13.7M volume
BROKER

Katie Gellenbeck
Engel & Völkers
2 deals$2.4M volume
BROKER

Details

SOLD
IMAGE: Katie Gellenbeck & Betsy Herald DATE: 10/17/2023 ADDRESS: 295 Beacon Street, Unit 42 MARKET: Boston, MA ASSET TYPE: Condo SELLER'S REP: Katie Gellenbeck (@KGBostonHomes) - Engel & Völkers (@EngelVoelkers.Global) & (@EngelVolkersBoston) BUYER'S REP: Betsy Herald (@BetsyHeraldRealtor) - The Charles Realty (@TheCharlesRealty) SALE PRICE: $1,575,000 SF: 1,131 ~ PPSF: $1,393

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$84,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64