Updated Dec 21, 2023
J M Olivero-Fernandez & Ralph H. Blain Acquire 3-Unit Multifamily Property In Jamaica Plain For $1.03M
5 Haverford St, Jamaica Plain, Boston, MA, USA
$1,036,270
$257/SF
Building Size
4,020 SF
Asset Type
MultiFamily
Closing
Aug 16, 2021
About this deal
AI
The multifamily property located at 5 Haverford St in Jamaica Plain, MA was recently sold in a closed transaction on August 17, 2021. The property consists of 3 units with a total square footage of 4,020. The sale price for the property was $1,036,270, resulting in a per unit price of $345,423 and a price per square foot of $258.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,036,270
- Address: 5 Haverford St, Jamaica Plain, MA
- Market: Jamaica Plain, MA
- Buyer: J M Olivero-Fernandez & Ralph H. Blain
- Seller: Irma Oliveira
- Units: 3
- Per Unit Price: $345,423
- Square Footage: 4,020
- Price per Square Foot: $258
The buyers in this transaction were J M Olivero-Fernandez and Ralph H. Blain, while the seller was Irma Oliveira. The deal was successfully closed with a total of $1,036,270 exchanged for the property. J M Olivero-Fernandez & Ralph H. Blain were represented by their broker in this transaction.
Players
Jamaica Plain 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
15.31%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93