Updated Oct 29, 2024
Warsaw DiCarlo Acquires $28.25M SFR On Beacon St, Boston From Thomas Folliard
56 Beacon Street
$28,250,000
$2,671/SF
Building Size
10,575 SF
Asset Type
MultiFamily
Closing
Feb 15, 2023
About this deal
AI
The most expensive single-family home ever sold in Boston has just been closed on. Located at 56 Beacon Street, this stunning property boasts a spacious 9,559 square feet of living space. The sale price for this luxurious home was an impressive $28,250,000, resulting in a price per square foot of $2,955. The transaction took place on February 15, 2023, and was facilitated by renowned real estate broker, Shelagh Brennan of Cabot and Company.
Summary of transaction details
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $28,250,000
- Address: 56 Beacon Street, Boston, MA
- Market: Boston, MA
- Square Footage: 9,559 sqft
- Price per Square Foot: $2,955
Warsaw DiCarlo was the buyer of this prestigious property, while Thomas Folliard served as the seller. Both parties entrusted Shelagh Brennan from Cabot and Company as their broker representative in this historic deal.
This record-breaking sale cements the property's place in Boston's real estate history, setting a new benchmark for luxury residential properties in the city.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
About $2.7K per square foot on a published $28.3M for 10,575 square feet (2023).
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93