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59 Rutland St #1, Boston, M...

Updated Dec 19, 2023

Steven J Tromp Acquires Condo In South End Boston For $2.06M
SOLD

Steven J Tromp Acquires Condo In South End Boston For $2.06M

59 Rutland St #1, Boston, Ma 02118, Usa

$2,060,000

$1,131/SF

Building Size

1,820 SF

Asset Type

Closing

Jun 30, 2020

About this deal

AI

The property involved in the closed transaction is a condominium located at 59 Rutland Street, South End Boston. It has a total area of 1,820 square feet. The sale of this condo took place on July 1, 2020, with a transaction amount of $2,060,000. The price per square foot was calculated at $1,132.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,060,000
  • Address: 59 Rutland Street, South End Boston
  • Square Footage: 1,820
  • Price Per Square Foot: $1,132

The seller of the condo was Jennifer J Bousquet, while the buyer was Steven J Tromp.

Players

Boston CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $2.1M for 1,820 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.70%

Cash-on-Cash

-2.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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