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217 Washington Street, Have...

Homesmart Success Realty Sells Multifamily Property In Haverhill, MA For $2.15M
SOLDMultiFamily

Homesmart Success Realty Sells Multifamily Property In Haverhill, MA For $2.15M

217 Washington Street, Haverhill, Massachusetts 01832, United States

$2,150,000

$137/SF

Building Size

15,684 SF

Asset Type

MultiFamily

Closing

Jan 17, 2021

AI

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.

Players

Stephen Pascoe

HomeSmart Realty Group

Broker

$3.4M

vol

2 deals

Broker

Haverhill MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93