Boston Trust Realty Group Acquires Multi Family Property On Havelock St For $1.05M
SOLD
$1,050,000
Massachusetts
See Similar DealsMultiFamily3,465 SF
Sold
SOLD
Boston Trust Realty Group Acquires Multi Family Property On Havelock St For $1.05M
36 Havelock Street, Boston, Massachusetts 02124, United States
See Similar DealsMultiFamily3,465 SF
Sold
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$303
Total Square Footage:3465 SF
Transaction Type:Sale
The multi-family property located at 36 Havelock St in Boston, MA has been sold. The transaction took place on 08/12/2022, and the sale was facilitated by Julian Addy from Boston Trust Realty Group. The property consists of 3 units, with a total area of 3,465 square feet. The sale price for this multi-family asset was $1,050,000, resulting in a price per unit of $350,000. The price per square foot was calculated at $303.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,050,000
- Units: 3
- Price per unit: $350,000
- Total square footage: 3,465
- Price per square foot: $303
- Address: 36 Havelock St, Boston, MA
- Market: Boston, MA
The sale of this multi-family property was handled by Julian Addy from Boston Trust Realty Group. Their expertise and knowledge in the real estate market were instrumental in facilitating this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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