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.
Winthrop MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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