Echelon Seaport in Boston

Name: Sales in Echelon Seaport started!
Start: 2020-07-30T07:10:21.259030+00:00
End: 2023-12-31T23:59:59+0000
Location: Echelon Seaport

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Construction

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Project info

Object ID: 8322

Finished at	October 2019
Price, m²	From 14500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.00 m²
Floors	21
Apartments	255
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Courthouse 1 min World Trade/Center 3 min Silver/Line Way 7 min Silver Line Way 7 min Aquarium 8 min Maverick 9 min South Station 10 min South/Station 10 min Northern Avenue/& Tide Street 11 min Design/Center 12 min Broadway–/City Hall 13 min State 13 min JFK/UMass 13 min Haymarket 15 min Andrew 15 min Government Center 15 min Government/Center 15 min 23 Dry Dock/Avenue 16 min Downtown Crossing 16 min Savin Hill 17 min Airport 18 min Bowdoin 18 min Park Street 19 min Chinatown 19 min North Station 19 min 27 Dry Dock/Avenue 20 min Tufts Medical Center 20 min Tufts Medical/Center 20 min 88 Black/Falcon Avenue 21 min Boylston 21 min Herald Street 21 min
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

696,000$

Net profit

6,783$

Payback period

77.1 years

Avg property value increase per year

Open ROI calculator

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About the project

EchelonSeaport will offer the most talked about outdoor amenity spaces in Boston with manicured gardens, al fresco dining areas, and poolside sun terraces with cabanas. This is an outdoor living room for all residents to enjoy.

Developer

Cottonwood Group (“Cottonwood”) is a vertically integrated real estate investment management firm with robust in-house investment, developme…
Details about Cottonwood Management