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95-97 Summit Ave, Winthrop,...

Crowd Lending Fund One Sells Winthrop Multifamily For $2.03M With Buyer's Rep Boston Trust Realty Group & Seller's Rep MIG Realty
SOLDMultiFamily

Crowd Lending Fund One Sells Winthrop Multifamily For $2.03M With Buyer's Rep Boston Trust Realty Group & Seller's Rep MIG Realty

95-97 Summit Ave, Winthrop, Massachusetts, USA

$2,031,500

$431/SF

Building Size

4,704 SF

Asset Type

MultiFamily

Closing

Apr 22, 2021

AI

The multifamily property located at 95-97 Summit Ave in Winthrop, MA has been sold for a total price of $2,031,500. The property spans across 4,704 square feet, resulting in a price per square foot of $432. It consists of 4 units, with each unit being valued at $507,875.

Summary of transaction details

Robert Nichols, Anthony Jean-Baptiste, and Daniel Jeannite, representing Boston Trust Realty Group and MIG Realty, facilitated the sale of this multifamily property. Their expertise and negotiation skills played a crucial role in finalizing the transaction.

Players

Anthony Jean Baptiste

Boston Trust Realty Group

Broker

$8.8M

vol

6 deals

Broker
CO
Crowd Lending Fund OneSeller

Winthrop 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

7.81%

Cash-on-Cash

-2.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93