Updated Dec 20, 2023
Heath Properties Acquires Multifamily Property In Winthrop, MA For $1M
76 Fremont Street, Winthrop, Massachusetts 02152, United States
$1,000,000
$307/SF
Building Size
3,251 SF
Asset Type
MultiFamily
Closing
Feb 28, 2022
About this deal
AI
The multifamily property located at 76 Fremont St in Winthrop, MA has been sold in a recent transaction. The property spans a total area of 3,251 square feet and was sold for a price of $1,000,000, resulting in a price per square foot of $308. The sale took place on 03/01/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Market: Winthrop, MA
- Buyer's Rep: Keith Beardsley - Heath Properties
- Seller's Rep: Kenneth Kirk - Engel & Volkers South Boston
Keith Beardsley from Heath Properties represented the buyer in this transaction, while Kenneth Kirk from Engel & Volkers South Boston represented the seller. The successful sale of this multifamily property showcases the expertise and diligence of these professionals in the real estate industry.
On the Map
$1,000,000
$307/SF
MultiFamily
View full map
Players
Winthrop MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Keith Beardsley to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93