Engel & Volkers Boston Acquires Condo At 50 Commonwealth Ave Boston, MA For $1.73M
50 Commonwealth Avenue Apt 901, Boston, Ma 02116, Usa
$1,728,750
$1,372/SF
Building Size
1,260 SF
Asset Type
—
Closing
Aug 17, 2020
AI
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.
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
9.18%
Cash-on-Cash
-2.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93