Blue Sky Realty Acquires Retail Property In Winthrop, MA For $5.1M
10-34 Putnam Street, Winthrop, MA, USA
$5,100,000
$208/SF
Building Size
24,460 SF
Asset Type
Retail
Closing
Dec 2, 2020
AI
The retail property located at 10-34 Putnam Street in Winthrop, MA, has been sold for a total price of $5,100,000. The transaction took place on December 3, 2020. The property spans over 24,460 square feet, resulting in a price per square foot of $208.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,100,000
- Date: 12/03/2020
- Address: 10-34 Putnam Street, Winthrop, MA
- Market: Winthrop, MA
- Seller: Robert L. Deeb – MSA Mortgage
- Buyer: Aaron Daigneault – Blue Sky Realty
- Square Footage: 24,460
- Price per Square Foot: $208
The seller, Robert L. Deeb, represented MSA Mortgage, while the buyer, Aaron Daigneault, was represented by Blue Sky Realty.
Winthrop Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93