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Robin Rosa Of Berkshire Hathaway HomeServices Represents Buyer In Multifamily Sale For $1.11M In Haverhill
SOLD
Massachusetts
See Similar DealsMultiFamily4,298 SF
Sold 06/28/2024
SOLD
Robin Rosa Of Berkshire Hathaway HomeServices Represents Buyer In Multifamily Sale For $1.11M In Haverhill
107 Chestnut Street
See Similar DealsMultiFamily4,298 SF
Sold 06/28/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$258
Total Square Footage:4,298 SF
Transaction Type:Sale
A multifamily property located at 107 Chestnut Street in Haverhill, MA, has been sold for $1,110,000. This Victorian four-family home includes 8 bedrooms and 4 bathrooms, offering a total square footage of 4,298. The price per unit stands at $277,500, while the price per square foot is $258.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,110,000
- Units: 4
- Address: 107 Chestnut Street
- Market: Haverhill, MA
- Buyer's Representative: Robin Rosa - Berkshire Hathaway HomeServices
- Seller's Representative: Jeffrey Wallace - Compass
The transaction involved the representation of Robin Rosa from Berkshire Hathaway HomeServices and Jeffrey Wallace from Compass, who facilitated the deal for the buyer and seller respectively.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$59,200.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,943.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,261.97
Annual Debt Service$63,143.60
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