Updated Oct 29, 2024
Xiao Wei & Eric Ko Acquire Condo At 401 Beacon Street, Boston From Beacon Llc For $4.7M
401 Beacon Street Boston, Massachusetts 02115, USA
$4,700,000
Building Size
—
Asset Type
Condo
Closing
Jul 31, 2023
About this deal
AI
The property at 401 Beacon Street, Boston, was sold to Xiao Wei & Eric Ko by Beacon Llc for a total price of $4,700,000 on July 14, 2023. The condominium, located in a prime location in Boston, offers a spacious living space with three bedrooms and three baths. The property features a flat roof, a fireplace, and is equipped with forced air heating and a cooling system, ensuring comfort for its new owners. With a rate of $1,634 per square foot, this condo presents an excellent investment opportunity.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,700,000
- Address: 401 Beacon Street
- Market: Boston, MA
- Buyer: Xiao Wei & Eric Ko
- Seller: Beacon Llc
Xiao Wei and Eric Ko are the proud new owners of this stunning condo at 401 Beacon Street. As they bring their personal touch to the property, they look forward to enjoying the comfortable living space and the desirable features it offers. The purchase of this condo demonstrates their commitment to investing in prime real estate in Boston, Massachusetts.
Players
Boston Condo Market Snapshot
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93