Engel & Volkers Boston Acquires Condo At 50 Commonwealth Ave Boston, MA For $1.73M
SOLD
$1,728,750
New York
See Similar Deals1,260 SF
Sold 08/18/2020
SOLD
Engel & Volkers Boston Acquires Condo At 50 Commonwealth Ave Boston, MA For $1.73M
50 Commonwealth Avenue Apt 901, Boston, Ma 02116, Usa
See Similar Deals1,260 SF
Sold 08/18/2020
Summary
NEW YORK
Price Per Square Foot:$1,372
Total Square Footage:1,260 SF
Transaction Type:Sale
Located at 50 Commonwealth Ave in Boston, MA, this recently closed transaction involved the sale of a Condo. The property spans 1,260 square feet and was sold for a price of $1,728,750, resulting in a price per square foot of $1,372.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,728,750
- Address: 50 Commonwealth Ave, Boston, MA
- Square Footage: 1,260
- Price per Square Foot: $1,372
The seller was represented by The Biega - Kilgore Team from Compass, while the buyer was represented by Robert Cohen from Engel & Volkers Boston.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$92,200.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,141.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,195.16
Annual Debt Service$98,341.88
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