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600 Shirley Street, Winthro...

The Morgan Franklin Group Sells Condo In Winthrop, MA For $584K
SOLD

The Morgan Franklin Group Sells Condo In Winthrop, MA For $584K

600 Shirley Street, Winthrop, Massachusetts 02152, United States

$584,000

$584/SF

Building Size

1,000 SF

Asset Type

Closing

Apr 28, 2022

AI

The condo located at 600 Shirley St in Winthrop, MA has been sold for $584,000. The property spans approximately 1,000 square feet, resulting in a price per square foot of $584. The sale took place on April 29, 2022. The sale was facilitated by The Morgan Franklin Group.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $584,000
  • Address: 600 Shirley St, Winthrop, MA
  • Square Feet: 1,000
  • Price Per Square Foot: $584
  • Date: April 29, 2022
  • Broker: The Morgan Franklin Group

Hailee Walker captured an image of the property, which can be found on Instagram at the following link: Instagram Link.

Players

Hailee Walker

Coldwell Banker

Broker

$4.1M

vol

6 deals

Broker

Winthrop 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

27.16%

Cash-on-Cash

-7.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93