Scott Sanderson Sells Office Building On Shawmut St In Boston, MA For $1.55M
SOLD
$1,555,000
Massachusetts
See Similar DealsOffice2,200 SF
Sold 04/07/2022
SOLD
Scott Sanderson Sells Office Building On Shawmut St In Boston, MA For $1.55M
18 Shawmut Street, Boston, Massachusetts 02116, United States
See Similar DealsOffice2,200 SF
Sold 04/07/2022
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$706
Total Square Footage:2,200 SF
Transaction Type:Sale
The office property located at 18 Shawmut St in Boston, MA has been sold for $1,555,000. It spans an area of 2,200 square feet with a price per square foot of $707. The sale was completed on 04/07/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,555,000
- Address: 18 Shawmut St
- Market: Boston, MA
- Seller: Scott Sanderson
- Broker: Munise Ulker- HomeSmart Success Realty
Munise Ulker from HomeSmart Success Realty represented the seller, Scott Sanderson, in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,524.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,371.49
Annual Debt Service$88,457.92
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