Joaquin Rosa Purchases Industrial Property From Robert Baker In Haverhill For $1.245M
SOLD
Massachusetts
See Similar DealsIndustrial14,715 SF
Sold 07/16/2025
SOLD
Joaquin Rosa Purchases Industrial Property From Robert Baker In Haverhill For $1.245M
551 River Street
See Similar DealsIndustrial14,715 SF
Sold 07/16/2025
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$84
Total Square Footage:14,715 SF
Transaction Type:Sale
The property involved in the transaction is an industrial asset located at 551 River Street, Haverhill, MA. The sale was completed for a total amount of $1,245,000, encompassing 14,715 square feet, resulting in a price per square foot of $84.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,245,000
- Address: 551 River Street
- Market: Haverhill, MA
- Square Footage: 14,715
- Price per Square Foot: $84
- Buyer: Joaquin Rosa
- Seller: Robert Baker
- Buyer's Representative: Jefri Liriano - Liriano Realty
- Seller's Representative: Sean Page - Signature Page Real Estate
The transaction involved Joaquin Rosa as the buyer and Robert Baker as the seller, with Jefri Liriano representing the buyer through Liriano Realty and Sean Page representing the seller from Signature Page Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,423.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,901.94
Annual Debt Service$70,823.22
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