Alpha Group Of Compass Represents Buyer In $1.18M Multifamily Sale At 7 Winslow Road Belmont
7 Winslow Road
$1,180,000
$475/SF
Building Size
2,484 SF
Asset Type
MultiFamily
Closing
Aug 15, 2024
AI
A multi-family home located at 7 Winslow Road in Belmont, MA, has a transaction price of $1,180,000. The property features two apartments with a total of 4 bedrooms and 2 baths, covering a square footage of 2,484. It includes unique period details, a private backyard, and a 2-car garage, situated in the Cushing Square neighborhood.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Units: 2
- Price Per Unit: $590,000
- Square Footage: 2,484
- Price Per Square Foot: $475
- Buyer's Representative: Alpha Group - Compass
- Seller's Representative: Barbara Currier - Coldwell Banker
The transaction involved the representation of the buyer by Alpha Group from Compass and the seller by Barbara Currier of Coldwell Banker. The involvement of these representatives played a crucial role in facilitating the sale in the market of Belmont, MA.
Players
Belmont 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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93