facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

2 Lafayette Square

HomeSmart Success Realty's Steve Pascoe Brokers $1.27M Sale Of 8-Unit Multifamily Property In Haverhill, MA
SOLDMultiFamily

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

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.

Players

Stephen Pascoe

HomeSmart Realty Group

Broker

$3.4M

vol

2 deals

Broker

Buffalo 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

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93