Updated Sep 9, 2024
HomeSmart Success Realty's Steve Pascoe Brokers $1.27M Sale Of 8-Unit Multifamily Property In Haverhill, MA
2 Lafayette Square
$1,275,000
Units
8
Asset Type
MultiFamily
Closing
Jul 22, 2022
About this deal
AI
A multifamily property located at 2 Lafayette Square in Haverhill, MA has been sold for a total price of $1,275,000. This property consists of 8 units, with each unit having an average price of $159,375. The total square footage of the property is 2,890, resulting in an average price per square foot of $441.
Summary of Transation Details:
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Units: 8
- Price per Unit: $159,375
- Total Square Footage: 2,890
- Price per Square Foot: $441
- Market: Haverhill, MA
The sale of this multifamily property was facilitated by Steve Pascoe from HomeSmart Success Realty. Steve Pascoe acted as the broker in this transaction, representing either the buyer or the seller.
On the Map
$1,275,000
MultiFamily
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Buffalo MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93