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101 Summit Ave, Winthrop, M...

Crowd Lending Fund One Sells Winthrop Multifamily For $1.38M With Boston Trust Realty Group
SOLDMultiFamily

Crowd Lending Fund One Sells Winthrop Multifamily For $1.38M With Boston Trust Realty Group

101 Summit Ave, Winthrop, Massachusetts, USA

$1,380,500

$227/SF

Building Size

6,066 SF

Asset Type

MultiFamily

Closing

Jul 6, 2020

AI

A multifamily property located at 101 Summit Ave in Winthrop, MA was recently sold for a price of $1,380,500. The property spans across 6,066 square feet, resulting in a price per square foot of $228. The sale took place on 07/06/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,380,500
  • Address: 101 Summit Ave, Winthrop, MA
  • Market: Winthrop, MA

The seller of the property was Crowd Lending Fund One. The deal was facilitated by brokers Robert Nichols, Anthony Jean-Baptiste, and Daniel Jeannite from Boston Trust Realty Group.

Players

Anthony Jean Baptiste

Boston Trust Realty Group

Broker

$8.8M

vol

6 deals

Broker
CO
Crowd Lending Fund OneSeller

Winthrop MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.49%

Cash-on-Cash

-3.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93