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62 Haynes St, Boston, Massa...

Updated Dec 21, 2023

Nathaniel Brevard & John Magazzu Acquire Multifamily Property On Haynes St In Boston For $1.6M
SOLDMultiFamily

Nathaniel Brevard & John Magazzu Acquire Multifamily Property On Haynes St In Boston For $1.6M

62 Haynes St, Boston, Massachusetts, USA

$1,600,000

$497/SF

Building Size

3,219 SF

Asset Type

MultiFamily

Closing

Jul 15, 2021

About this deal

AI

Located at 62 Haynes St in Boston, MA, this multifamily property was recently sold in a closed transaction.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Square Footage: 3,219
  • Price Per Square Foot: $497
  • Market: Boston, MA

The seller's representative for this transaction was John Magazzu from RE/MAX Renaissance Inc., while the buyer was represented by Nathaniel Brevard from Red Tree Real Estate.

Note: No additional information was provided about this transaction.

The multifamily sale at 62 Haynes St, Boston, Massachusetts, USA in Boston, Massachusetts sold for $1.6M in 2021. The building is 3,219 square feet, implying about 497 per square foot on the published price. Nathaniel Brevard, John Magazzu, Re/Max appear on the sale alongside Re/Max. This page is the Boston, Massachusetts file for the 62 Haynes St, Boston, Massachusetts, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 62 Haynes St, Boston, Massachusetts, USA around 2021. Published consideration for 62 Haynes St, Boston, Massachusetts, USA is $1.6M, dated 2021. Cite this Nathaniel Brevard & John Magazzu Acquire Multifamily Property On Haynes St In Boston For $1.6M sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Nathaniel Brevard

Broker

$1.6M

vol

1 deal

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $497 per square foot on a published $1.6M for 3,219 square feet (2021).

Visit Re/Max to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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