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30 Bellevue Avenue, Winthro...

Berkshire Hathaway HomeServices Acquires Winthrop Multifamily For $1.015M
SOLDMultiFamily

Berkshire Hathaway HomeServices Acquires Winthrop Multifamily For $1.015M

30 Bellevue Avenue, Winthrop, Massachusetts 02152, United States

$1,015,000

$206/SF

Building Size

4,914 SF

Asset Type

MultiFamily

Closing

Dec 15, 2021

AI

A multifamily property located at 30 Bellevue Ave in Winthrop, MA has been sold for $1,015,000. The property spans 4,914 square feet and was sold at a price per square foot of $207.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,015,000
  • Address: 30 Bellevue Ave, Winthrop, MA
  • Market: Winthrop, MA

The buyer's representative in the deal was Steve Mckenna from The Home Advantage Team Gibson Sotheby's International Realty, while the seller's representative was Stephen C. Hines from Berkshire Hathaway HomeServices Robert Paul Properties.

Players

Stephen McKenna

Sotheby's International Realty

Broker

$19.6M

vol

15 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

15.63%

Cash-on-Cash

-4.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93