Chi Zhang Acquires Condo On Glen Avenue In Newton, MA For $1.25M
51 Glen Ave, Newton, MA 02459
$1,255,000
$591/SF
Building Size
2,121 SF
Asset Type
Condo
Closing
Apr 27, 2023
AI
A condo located at 51 Glen Avenue in Newton, MA was recently sold for a price of $1,255,000. The property spans across 2,121 square feet, resulting in a price per square foot of $592. The transaction took place on April 27, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,255,000
- Square Footage: 2,121
- Price per Square Foot: $592
- Address: 51 Glen Avenue, Newton, MA
The buyer of the condo was Chi Zhang, while Cody Shulman acted as the seller. The deal was facilitated by the brokers Brandon Muroff and Nicole Stabnikov, representing Red Tree Real Estate.
Players
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
12.64%
Cash-on-Cash
-3.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93