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Beacon Hill Single Family Home Sells For $8.3M In Boston, MA
SOLD
$8,300,000
Massachusetts
See Similar DealsSingle Family4,024 SF
Sold
SOLD
Beacon Hill Single Family Home Sells For $8.3M In Boston, MA
6 West Cedar Street
See Similar DealsSingle Family4,024 SF
Sold
Summary
MASSACHUSETTS
Asset Type:Single Family
Price Per Square Foot:$2062
Total Square Footage:4024 SF
Transaction Type:Sale
Located at 6 W Cedar St in Boston, MA, this classic Beacon Hill single-family home recently sold for $8,300,000. The property spans 4,024 square feet, translating to a price per square foot of $2,063.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $8,300,000
- Address: 6 West Cedar Street
- Market: Boston, MA
The sale was facilitated by two prominent real estate representatives. The buyer was represented by Betsy Herald from The Charles Realty. On the seller's side, the transaction was managed by Cort Petrocelli Coopersmith Group from Compass. Notably, the property featured a stunning renovation executed by the renowned builder FH Perry.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$442,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,488.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,346.23
Annual Debt Service$472,154.81
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