Compass Acquires 1,233 SF Condo In Boston For $1.47M
24 Milford St #1, Boston, Ma 02118, Usa
$1,470,000
$119/SF
Building Size
12,330 SF
Asset Type
—
Closing
Aug 16, 2020
About this deal
AI
The Condo located at 24 Milford Street in Boston, MA has been sold for a price of $1,470,000. The property spans across an area of 1,233 square feet and has a price per square foot of $1,192.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,470,000
- Address: 24 Milford Street, Boston, MA
- Square Footage: 1,233
- Price per Square Foot: $1,192
The seller, Paul Whaley / Charlie Ring Team, represented by Coldwell Banker Realty - Back Bay, successfully closed the deal. The buyer, on the other hand, was represented by The Biega + Kilgore Team from Compass.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.79%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93