facebook
Traded Co logo
Submit
Daily limit: 0/10

Hongmei Wang & Jun Zhang Facilitate $1.1M Sale Of Winchester Multifamily Asset

Property Image
SOLD
$1,100,000

Massachusetts

See Similar Deals
MultiFamily2,016 SF
Sold 05/16/2024
the dealplayerscompscontact
Property Image
SOLD

Hongmei Wang & Jun Zhang Facilitate $1.1M Sale Of Winchester Multifamily Asset

269-271 Cross Street

See Similar Deals
MultiFamily2,016 SF
Sold 05/16/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$545
Total Square Footage:2,016 SF
Transaction Type:Sale

269-271 Cross St in Winchester, MA 01890 was sold for $1,100,000, offering a unique multi-family property known as The Residences at Winchester, spanning 2,016 square feet with a price per square foot of $546.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 269-271 Cross Street
  • Market: Winchester, MA

The sale at 269-271 Cross Street was facilitated by Hongmei Wang and Jun Zhang from Hmw Real Estate, representing the parties involved in the transaction.

Players

JZ
2 deals$2.4M volume(774) 341-4660
BROKER

Details

SOLD
IMAGE: Hongmei Wang DATE: 05/16/2024 ADDRESS: 269-271 Cross Street MARKET: Winchester, MA ASSET TYPE: Multifamily BROKERS: Hongmei Wang & Jun Zhang - Hmw Real Estate SALE PRICE: $1,100,000 SF: 2,016 ~ PPSF: $546 NOTE: 269-271 Cross St in Winchester, MA 01890 was sold for $1,100,000, offering a unique multi-family property known as The Residences at Winchester.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$58,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73