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26 Beacon St, Winthrop, MA,...

James V. Mazzone Sells Multifamily Property To Aaron M. Daigneault In Winthrop, MA For $3M
SOLDMultiFamily

James V. Mazzone Sells Multifamily Property To Aaron M. Daigneault In Winthrop, MA For $3M

26 Beacon St, Winthrop, MA, USA

$3,000,000

$403/SF

Building Size

7,440 SF

Asset Type

MultiFamily

Closing

May 12, 2021

AI

The multifamily property located at 26 Beacon St in Winthrop, MA has been sold in a transaction that took place on May 13, 2021. The property spans 7,440 square feet and was sold for a price of $3,000,000, resulting in a price per square foot of $403. This multifamily asset comprises 12 units, with an average price per unit of $250,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000

The seller of the property was James V. Mazzone, while the buyer was Aaron M. Daigneault.

Please note that no additional information is available for this transaction.

Players

Aaron M. Daigneault

Blue Sky Realty

Buyer

$8.1M

vol

2 deals

Buyer

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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93