Homesmart Success Realty Sells Multifamily Property In Haverhill, MA For $2.15M
SOLD
$2,150,000
Massachusetts
See Similar DealsMultiFamily15,684 SF
Sold 01/17/2021
SOLD
Homesmart Success Realty Sells Multifamily Property In Haverhill, MA For $2.15M
217 Washington Street, Haverhill, Massachusetts 01832, United States
See Similar DealsMultiFamily15,684 SF
Sold 01/17/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$137
Total Square Footage:15,684 SF
Transaction Type:Sale
A multifamily property located at 217 Washington St in Haverhill, MA was recently sold for a price of $2,150,000. The property spans a total square footage of 15,684, resulting in a price per square foot of $137.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Address: 217 Washington St, Haverhill, MA
- Market: Haverhill, MA
The sale was facilitated by Stephen Pascoe from Homesmart Success Realty. As the broker representing the deal, Stephen Pascoe played a crucial role in the successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16
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