Daniel Resop Acquires $1.3M Multifamily Property In Malden, MA
33 Havelock St, Malden, Massachusetts 02148, United States
$1,300,000
$231/SF
Building Size
5,627 SF
Asset Type
MultiFamily
Closing
Jan 5, 2022
AI
Located at 33-35 Havelock St in Malden, MA, this multifamily property was recently sold in a closed transaction. The property spans across 5,627 square feet and was sold for a price of $1,300,000, resulting in a price per square foot of $231. The sale took place on January 5, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Square Footage: 5,627
- Address: 33-35 Havelock St, Malden, MA
- Market: Malden, MA
The seller's representative in the transaction was John Thomson from The Thomson Companies. On the buyer's side, Daniel Resop from William Raveis R.E. & Home Services acted as the buyer's representative.
Players
Malden 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93