Updated Oct 28, 2024
Helga Llc Acquires SFR In North End For $1.3M With Morgan Franklin As Seller's Rep
22 Hanover Avenue, Boston, Massachusetts 02109, United States
$1,300,000
$650/SF
Building Size
2,000 SF
Asset Type
Single Family Residence
Closing
Dec 27, 2021
About this deal
AI
A single-family home located at 22 Hanover Ave in North End has recently been sold for $1,300,000. The property spans approximately 2,000 square feet, resulting in a price per square foot of $650. The sale took place on December 27, 2021, and the transaction involved the buyer, Helga LLC, and the seller, DB Trust.
Summary of transaction details:
- Property Type: Single-family home
- Transaction Amount: $1,300,000
- Address: 22 Hanover Ave
- Market: North End
Valerie Filiberto represented Helga LLC as their buyer's representative in the deal. On the other side, Morgan Franklin, from The Morgan Franklin Group, acted as the seller's representative for DB Trust.
This transaction highlights the successful collaboration between Helga LLC and DB Trust, facilitated by their respective representatives, Valerie Filiberto and Morgan Franklin.
Players
Boston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93