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47 Milford Street, Boston, ...

Boston Condo Sold For $1.95M By William Natoli - Compass & Moshe Elmekias - Gibson Sotheby’s
SOLDCondo

Boston Condo Sold For $1.95M By William Natoli - Compass & Moshe Elmekias - Gibson Sotheby’s

47 Milford Street, Boston, Massachusetts 02118, United States

$1,950,000

$1,950,000/SF

Building Size

1 SF

Asset Type

Condo

Closing

Feb 12, 2022

AI

The property involved in this closed transaction is a condo located at 47 Milford St Unit 1 in Boston, MA. The condo has a size of 1,550 square feet and was sold for a price of $1,950,000, resulting in a price per square foot of $1,258.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,950,000
  • Address: 47 Milford St Unit 1, Boston, MA
  • Market: Boston, MA
  • Asset Type: Condo

The deal was facilitated by two brokers. William Natoli from Compass and Moshe Elmekias from Gibson Sotheby's represented the parties involved in the transaction.

Players

William Natoli

Compass

Broker

$22.9M

vol

12 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93