Updated Oct 29, 2024
Tarek A Hassan Acquires Multifamily In East Boston For $1.15M
33 Havre Street
$1,150,000
$383/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Jan 26, 2021
About this deal
AI
A multifamily property located at 33 Havre Street in East Boston, MA has been sold. The property consists of 3,000 square feet and is priced at $1,150,000, resulting in a price per square foot of $383. The property includes three units, with each unit valued at approximately $383,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 33 Havre Street, East Boston, MA
- Market: East Boston, MA
- Buyer: Tarek A Hassan
- Seller: Lombardi Pk Apt Llc
- Price per Square Foot: $383
- Number of Units: 3
- Price per Unit: $383,333
Tarek A Hassan has acquired the property from Lombardi Pk Apt Llc in this transaction.
Players
Boston 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93