facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

566 Shirley Street, Winthro...

Broad Sound Real Estate Sells 6-Unit Multifamily In Winthrop, MA For $1.73M
SOLDMultiFamily

Broad Sound Real Estate Sells 6-Unit Multifamily In Winthrop, MA For $1.73M

566 Shirley Street, Winthrop, Massachusetts 02152, United States

$1,730,000

$311/SF

Building Size

5,553 SF

Asset Type

MultiFamily

Closing

Mar 29, 2022

AI

A multifamily property located at 566 Shirley St in Winthrop, MA was recently sold. The sale took place on 03/30/2022, and the transaction was facilitated by broker Nicholas Daher from Broad Sound Real Estate. The property consists of 6 units with a total square footage of 5,553. The sale price for the property was $1,730,000, resulting in a price per unit of $288,333 and a price per square foot of $312.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $1,730,000
  • Units: 6
  • Price per Unit: $288,333
  • Square Footage: 5,553
  • Price per Square Foot: $312
  • Address: 566 Shirley St, Winthrop, MA
  • Market: Winthrop, MA

Nicholas Daher from Broad Sound Real Estate represented the parties involved in the transaction.

Players

Nicholas Daher

Broad Sound Real Estate

Broker

$41.6M

vol

13 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

9.17%

Cash-on-Cash

-2.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93