Aida T. Fadel & Marie D. Fadel Acquire Condo On Beacon Street, Back Bay For $2.2M
242 Beacon St Apt 8, Boston, Ma 02116, Usa
$2,200,000
$110/SF
Building Size
19,860 SF
Asset Type
—
Closing
Jun 25, 2020
About this deal
AI
A condo located at 242 Beacon Street in Back Bay, MA was recently sold in a transaction on June 26, 2020. The property, spanning 1,986 square feet, was sold for a total price of $2,200,000, resulting in a price per square foot of $1,108.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,200,000
- Address: 242 Beacon Street, Back Bay, MA
The seller of the condo was John C. Hessler. On the other hand, the buyers of the property were Aida T. Fadel & Marie D. Fadel.
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93