Updated Dec 4, 2024
Hongmei Wang & Jun Zhang Facilitate $1.1M Sale Of Winchester Multifamily Asset
269-271 Cross Street
$1,100,000
$545/SF
Building Size
2,016 SF
Asset Type
MultiFamily
Closing
May 16, 2024
About this deal
AI
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.
The multifamily sale at 269-271 Cross Street in Winchester, Massachusetts sold for $1.1M in 2024. The building is 2,016 square feet, implying about 545 per square foot on the published price. Jun Zhang, Hongmei Wang, Hmw Real Estate appear on the sale alongside Hmw Real Estate. This page is the Winchester, Massachusetts file for the 269-271 Cross Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Winchester sit in the Market section below. Filter that Winchester multifamily set by closing date to see what else sold near 269-271 Cross Street around 2024. Published consideration for 269-271 Cross Street is $1.1M, dated 2024. Cite this Hongmei Wang & Jun Zhang Facilitate $1.1M Sale Of Winchester Multifamily Asset sale when underwriting similar multifamily product around Winchester, Massachusetts.
Players
Winchester 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93