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Adams & Co. Team Purchases Single Family Property On Cumston Street For $2.725M
SOLD
$2,725,000
Massachusetts
See Similar DealsSingle Family2,043 SF
Sold 04/17/2024
SOLD
Adams & Co. Team Purchases Single Family Property On Cumston Street For $2.725M
1 Cumston Street
See Similar DealsSingle Family2,043 SF
Sold 04/17/2024
Summary
MASSACHUSETTS
Asset Type:Single Family
Price Per Square Foot:$1,333
Total Square Footage:2,043 SF
Transaction Type:Sale
1 Cumston St in Boston, MA was sold for $2,725,000. The recently renovated single-family townhouse boasts 3 beds, 2.5 baths, and 2,043 sq ft of living space, featuring an ultra-sleek kitchen, spacious family room, and penthouse level primary suite with marble bath and custom closet.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,725,000
- Address: 1 Cumston Street
- Market: Boston, MA
- Square Footage: 2,043
- Price per Square Foot: $1,334
The buyer was represented by Adams & Co. Team from Real Broker MA, LLC, while the seller was represented by Steven Cohen from Keller Williams.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$145,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,681.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,917.89
Annual Debt Service$155,014.68
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