Updated Dec 20, 2023
Scott Sanderson Sells Office Building On Shawmut St In Boston, MA For $1.55M
18 Shawmut Street, Boston, Massachusetts 02116, United States
$1,555,000
$706/SF
Building Size
2,200 SF
Asset Type
Office
Closing
Apr 6, 2022
About this deal
AI
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.
The office sale at 18 Shawmut Street, Boston, Massachusetts 02116, United States in Boston, Massachusetts sold for $1.6M in 2022. The building is 2,200 square feet, implying about 706 per square foot on the published price. Munise Ulker, HomeSmart Realty Group appear on the sale alongside HomeSmart Realty Group. This page is the Boston, Massachusetts file for the 18 Shawmut Street, Boston, Massachusetts 02116, United States office sold: pricing, party profiles, and other closed office comps from the same Boston sit in the Market section below. Filter that Boston office set by closing date to see what else sold near 18 Shawmut Street, Boston, Massachusetts 02116, United States around 2022. Published consideration for 18 Shawmut Street, Boston, Massachusetts 02116, United States is $1.6M, dated 2022. Cite this Scott Sanderson Sells Office Building On Shawmut St In Boston, MA For $1.55M sale when underwriting similar office product around Boston, Massachusetts.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.20%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93