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305 Commonwealth Avenue

Updated Nov 22, 2023

SOLDCondo

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

Market Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $2K per square foot on a published $8.4M for 4,125 square feet (2023).

Browse Massachusetts condo sales on Traded.

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

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