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33 Havre Street

Updated Oct 29, 2024

Tarek A Hassan Acquires Multifamily In East Boston For $1.15M
SOLDMultiFamily

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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Deal FAQ

About $383 per square foot on a published $1.2M for 3,000 square feet (2021).

Browse Boston multifamily sales on Traded.

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

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