Updated Sep 9, 2024
Spencer Norton Of Horvath & Tremblay Brokers $610K Sale Of Multifamily Property In Haverhill, MA
66 Pecker Street
$610,000
$202/SF
Building Size
3,007 SF
Asset Type
MultiFamily
Closing
Oct 7, 2022
About this deal
AI
The multifamily property located at 66 Pecker Street in Haverhill, MA has been sold for a total price of $610,000. This property consists of 4 units, with each unit having an approximate price per unit of $152,500. The total square footage of the property is 3,007, resulting in a price per square foot of $203.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $610,000
- Number of Units: 4
- Price Per Unit: $152,500
- Total Square Footage: 3,007
- Price Per Square Foot: $203
- Market: Haverhill, MA
The sale was facilitated by broker Spencer Norton from Horvath & Tremblay, who represented the parties involved in the transaction.
Haverhill 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
26.00%
Cash-on-Cash
-7.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93