facebook
Traded Co logo
Submit
Daily limit: 0/10

Alpha Group Of Compass Represents Buyer In $1.18M Multifamily Sale At 7 Winslow Road Belmont

Property Image
SOLD
$1,180,000

Massachusetts

See Similar Deals
MultiFamily2,484 SF
Sold 08/15/2024
the dealplayerscompscontact
Property Image
SOLD

Alpha Group Of Compass Represents Buyer In $1.18M Multifamily Sale At 7 Winslow Road Belmont

7 Winslow Road

See Similar Deals
MultiFamily2,484 SF
Sold 08/15/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$475
Total Square Footage:2,484 SF
Transaction Type:Sale

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

Barbara Currier
3 deals$4M volume
BROKER

Details

SOLD
IMAGE: Barbara Currier DATE: 08/15/2024 ADDRESS: 7 Winslow Road MARKET: Belmont, MA ASSET TYPE: Multifamily BUYER'S REP: Alpha Group - Compass (@Compass) SELLER'S REP: Barbara Currier (@BarbaraCurrier) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,180,000 UNITS: 2 ~ PPU: $590,000 SF: 2,484 ~ PPSF: $475 NOTE: A multi-family home at 7 Winslow Rd, Belmont, MA, sold for $1.18 million. The property includes two apartments with a combined 4 bedrooms and 2 baths, features period details, a private backyard, and a 2-car garage, located in the Cushing Square neighborhood.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$62,933.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62