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41 South St Boston, MA 0213...

Darius Naigamwall Acquires Boston Condo For $512.5K With Red Tree Real Estate
SOLDCondo

Darius Naigamwall Acquires Boston Condo For $512.5K With Red Tree Real Estate

41 South St Boston, MA 02135, USA

$512,500

$674/SF

Building Size

760 SF

Asset Type

Condo

Closing

Jun 21, 2023

AI

A condo located at 41 South Street in Boston, MA has been sold for a total price of $512,500. The property spans across 760 square feet, resulting in a price per square foot (PPSF) of $674.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $512,500
  • Address: 41 South Street, Boston, MA
  • Market: Boston, MA
  • Square Footage: 760 SF
  • Price per Square Foot (PPSF): $674

The buyer of the condo is Darius Naigamwall. The transaction was facilitated by Brandon Muroff and Nicole Stabnikov from Red Tree Real Estate, who acted as the seller's representatives in the deal.

Players

Nicole Stabnikov

Red Tree Real Estate

Broker

$19M

vol

14 deals

Broker

Boston Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

30.95%

Cash-on-Cash

-8.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93