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55 Hemingway Street, Winche...

Updated Dec 21, 2023

Berkshire Hathaway Homeservices Acquires Multifamily Property In Winchester, MA For $1.175M
SOLDMultiFamily

Berkshire Hathaway Homeservices Acquires Multifamily Property In Winchester, MA For $1.175M

55 Hemingway Street, Winchester, Massachusetts 01890, United States

$1,175,000

$425/SF

Building Size

2,760 SF

Asset Type

MultiFamily

Closing

Dec 15, 2021

About this deal

AI

The multifamily property located at 55-57 Hemingway in Winchester, MA has been sold for a total price of $1,175,000. The property spans across 2,760 square feet, with a price per square foot of $426.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,175,000
  • Address: 55-57 Hemingway, Winchester, MA
  • Market: Winchester, MA

The buyer's representative in this deal was Lucille D'Agostino Murray from Compass, while the seller's representative was Jack Andrellos from Berkshire Hathaway Homeservices Commonwealth Real Estate.

The multifamily sale at 55 Hemingway Street, Winchester, Massachusetts 01890, United States in Winchester, Massachusetts sold for $1.2M in 2021. The building is 2,760 square feet, implying about 425 per square foot on the published price. Lucille D'Agostino Murray, Jack Andrellos, Berkshire Hathaway HomeServices, Compass appear on the sale alongside Berkshire Hathaway HomeServices, Compass. This page is the Winchester, Massachusetts file for the 55 Hemingway Street, Winchester, Massachusetts 01890, United States 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 55 Hemingway Street, Winchester, Massachusetts 01890, United States around 2021. Published consideration for 55 Hemingway Street, Winchester, Massachusetts 01890, United States is $1.2M, dated 2021. Cite this Berkshire Hathaway Homeservices Acquires Multifamily Property In Winchester, MA For $1.175M sale when underwriting similar multifamily product around Winchester, Massachusetts.

Players

Lucille D'Agostino Murray

Compass

Broker

$1.2M

vol

1 deal

Broker

Winchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $425 per square foot on a published $1.2M for 2,760 square feet (2021).

Visit Berkshire Hathaway HomeServices to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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