Berkshire Hathaway HomeServices Acquires Winthrop Multifamily For $1.015M
SOLD
$1,015,000
Massachusetts
See Similar DealsMultiFamily4,914 SF
Sold 12/15/2021
SOLD
Berkshire Hathaway HomeServices Acquires Winthrop Multifamily For $1.015M
30 Bellevue Avenue, Winthrop, Massachusetts 02152, United States
See Similar DealsMultiFamily4,914 SF
Sold 12/15/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$206
Total Square Footage:4,914 SF
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,606.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,811.62
Annual Debt Service$57,739.41
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