Updated Dec 19, 2023
Bulfinch Boston Realty Acquires Multifamily Property In Boston, MA 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
Located in Boston, MA, the multifamily property at 33 Havre Street has recently been sold. The sale took place on January 27, 2021, with a sale price of $1,150,000. Spanning across 3,000 square feet, the property offers a price per square foot (PPSF) of $383. The transaction involved the seller's representative, Leland Dimeco from Boston Green Realty, and the buyer's representative, Moulay Guessous from Bulfinch Boston Realty, Inc.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Date: 01/27/2021
- Address: 33 Havre Street, Boston, MA
- Market: Boston, MA
- Seller's Representative: Leland Dimeco - Boston Green Realty
- Buyer's Representative: Moulay Guessous - Bulfinch Boston Realty, Inc.
Moulay Guessous of Bulfinch Boston Realty, Inc. represented the buyer in the transaction, while Leland Dimeco of Boston Green Realty acted as the seller's representative. This sale presents a valuable opportunity for both parties involved, highlighting the expertise and negotiation skills of these real estate professionals.
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