Frankeury Diaz Purchases Multifamily Asset At 37 Cedar Street Haverhill For $1M With Tatiana Cabassa
SOLD
$1,000,000
Massachusetts
See Similar DealsMultiFamily4,048 SF
Sold 11/18/2025
SOLD
Frankeury Diaz Purchases Multifamily Asset At 37 Cedar Street Haverhill For $1M With Tatiana Cabassa
37 Cedar Street
See Similar DealsMultiFamily4,048 SF
Sold 11/18/2025
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$247
Total Square Footage:4,048 SF
Transaction Type:Sale
This multifamily asset situated at 37 Cedar Street, Haverhill, MA, was sold for $1,000,000. The property comprises four units, with a total square footage of 4,048. The price per unit was recorded at $250,000, while the price per square foot stood at $247.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Units: 4
- Buyer: Frankeury Diaz
- Seller: Christopher Cabrera & Ramona Massiel-Cabrera
- Buyer’s Representative: Tatiana Cabassa - Liriano Realty
Frankeury Diaz acquired the property from Christopher Cabrera and Ramona Massiel-Cabrera, with the representation of Tatiana Cabassa from Liriano Realty overseeing the buyer's interests in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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