Updated Dec 4, 2024
Joseph Berman & Sharon Cantor Acquire Single Family Property On West Cedar Street For $6.17M In Boston
17 W Cedar St, Boston, MA 02108
$6,170,000
$1,613/SF
Building Size
3,825 SF
Asset Type
Single Family
Closing
Aug 18, 2023
About this deal
AI
The property at 17 West Cedar Street in Boston, MA, was sold for a price of $6,170,000 on August 18, 2023. The single-family home spans across 3,825 square feet, resulting in a price per square foot of $1,613.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,170,000
- Address: 17 West Cedar Street, Boston, MA
- Market: Boston, MA
- Buyer: Joseph Berman & Sharon Cantor
- Seller: Amy E Russo
- Square Footage: 3,825
- Price per Square Foot: $1,613
Joseph Berman and Sharon Cantor acquired the property at 17 West Cedar Street from Amy E Russo. This transaction marks the successful purchase of a single-family home in the desirable Boston market, further enhancing the buyers' real estate portfolio.
Players
Boston Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.57%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93