Farah Fakih Closes $5.5M Townhouse Sale In Boston, MA
SOLD
$5,500,000
Massachusetts
See Similar DealsSingle Family2,292 SF
Sold 03/22/2024
SOLD
Farah Fakih Closes $5.5M Townhouse Sale In Boston, MA
343 Commercial Street
See Similar DealsSingle Family2,292 SF
Sold 03/22/2024
Summary
MASSACHUSETTS
Asset Type:Single Family
Price Per Square Foot:$2,399
Total Square Footage:2,292 SF
Transaction Type:Sale
The property at 343 Commercial St, Boston, MA, is a townhouse with a total square footage of 2,292. The transaction took place on 03/22/2024, with a sale price of $5,500,000 and a price per square foot of $2,400.
Summary of transaction details:
- Property Type: Townhouse
- Transaction Amount: $5,500,000
- Buyer's Rep: Farah Fakih - Coldwell Banker
- Seller's Rep: Carmela Laurella - Boston Trust Realty Group
Farah Fakih represented the buyer in this transaction, working with Coldwell Banker. On the other side of the deal, Carmela Laurella from Boston Trust Realty Group represented the seller. Both parties played crucial roles in facilitating the successful sale of the townhouse in Boston, MA.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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