Andersen Group Realty Acquires Multifamily Property In Winchester, MA For $1.375M
8-10 Winter Street, Winchester, Massachusetts, USA
$1,375,000
$312/SF
Building Size
4,395 SF
Asset Type
MultiFamily
Closing
May 27, 2020
AI
Located at 8-10 Winter St in Winchester, MA, this multifamily property was recently sold for a total price of $1,375,000. The property spans over 4,395 square feet, resulting in a price per square foot of $313. The transaction took place on 05/27/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,375,000
- Address: 8-10 Winter St, Winchester, MA
- Market: Winchester, MA
Seller's representative for this deal was Mark Sullivan from T.A. Sullivan Agency Inc. On the buyer's side, Sven Andersen represented the Andersen Group Realty and Keller Williams Realty Boston Northwest.
Players
Winchester 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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93