Heath Properties Acquires Multifamily Property In Winthrop, MA For $1M
SOLD
$1,000,000
Massachusetts
See Similar DealsMultiFamily3,251 SF
Sold 03/01/2022
SOLD
Heath Properties Acquires Multifamily Property In Winthrop, MA For $1M
76 Fremont Street, Winthrop, Massachusetts 02152, United States
See Similar DealsMultiFamily3,251 SF
Sold 03/01/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$307
Total Square Footage:3,251 SF
Transaction Type:Sale
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.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
Is there something missing? Send suggestions