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33 Havre Street

Updated Dec 19, 2023

Bulfinch Boston Realty Acquires Multifamily Property In Boston, MA For $1.15M
SOLDMultiFamily

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

Moulay Guessous

Broker

$3.7M

vol

3 deals

Broker

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).

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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

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