Updated Sep 9, 2024
Winthrop Multifamily Property Sells For $1.02M With Buyer's Rep Sharon Tallent & Seller's Rep Jessica Pumphret
48 Waldemar Avenue
$1,020,000
$229/SF
Building Size
4,444 SF
Asset Type
MultiFamily
Closing
Aug 14, 2023
About this deal
AI
In Winthrop, a multifamily property located at 48-50 Waldemar Avenue was recently sold for $1,020,000. This 4,444-square-foot property was purchased at a price of $230 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Square Footage: 4,444
- Price Per Square Foot: $230
- Address: 48-50 Waldemar Avenue, Winthrop, MA
The buyer, represented by Sharon Tallent from Compass, and the seller, represented by Jessica Pumphret from Blue Sky Realty, were the key individuals involved in this transaction.
Players
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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93