Updated Nov 22, 2023
Gibson Sotheby’s International Realty Sells Condo On Commonwealth Avenue For $8.4M
305 Commonwealth Avenue
$8,400,000
$2,036/SF
Building Size
4,125 SF
Asset Type
Condo
Closing
Feb 2, 2023
About this deal
AI
The property involved in this closed transaction is a condo located at 305 Commonwealth Avenue in Boston, MA. It was represented by Beth Dickerson from Gibson Sotheby’s International Realty. The sale price for this condo was $8,400,000. The total square footage of the unit is 4,125, resulting in a price per square foot of $2,036.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,400,000
- Address: 305 Commonwealth Avenue, Boston, MA
- Broker: Beth Dickerson - Gibson Sotheby’s International Realty
- Square Footage: 4,125
- Price per Square Foot: $2,036
This sale transaction was facilitated by Beth Dickerson from Gibson Sotheby’s International Realty. The involvement of a reputed real estate agency like Gibson Sotheby’s International Realty adds credibility to the deal. Both the buyer and seller can trust in the expertise and professionalism of Beth Dickerson in handling this transaction.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93