facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

25 Sea Foam Avenue

Albeiro Lopera Facilitates $1.2M Winthrop Multifamily Sale With Water Views
SOLDMultiFamily

Albeiro Lopera Facilitates $1.2M Winthrop Multifamily Sale With Water Views

25 Sea Foam Avenue

$1,200,000

$246/SF

Building Size

4,860 SF

Asset Type

MultiFamily

Closing

Jun 12, 2024

AI

A 3-family property at 25 Seafoam Ave, Winthrop, MA sold for $1.2 million, featuring 8 bedrooms, 4 baths, and water views from front and back decks. The property spans 4,860 square feet and was transacted at $247 per square foot.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Units: 3
  • Price Per Unit: $400,000
  • Square Footage: 4,860
  • Price Per Square Foot: $247
  • Address: 25 Sea Foam Avenue, Winthrop, MA
  • Market: Winthrop, MA

The buyer's representative in this deal was Albeiro Lopera from United Brokers, while the seller's representative was John Schwagerl from Northeastern Realty Group.

Players

John Schwagerl

Broker

$3.5M

vol

3 deals

Broker

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93