Updated Sep 14, 2026
Michael Hajjar Acquires Multifamily Property At 760 Coggeshall Street From Michael Costa For $1.05M
760 Coggeshall Street
$1,050,000
$191/SF
Building Size
5,486 SF
Asset Type
MultiFamily
Closing
Sep 9, 2026
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 760 Coggeshall Street in New Bedford, MA. It features 9 units with a total square footage of 5,486 and a sale price of $1,050,000. The price per unit is calculated to be $116,666, and the price per square foot stands at $191.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,050,000
- Units: 9
- Square Footage: 5,486
- Price Per Unit: $116,666
- Price Per Square Foot: $191
- Buyer: Michael Hajjar
- Seller: Michael Costa
- Broker: Rich Cawley - United Multi Family
- Date of Transaction: 09/09/2026
The deal's broker, Rich Cawley, represents United Multi Family in this transaction. The involvement of both the buyer, Michael Hajjar, and the seller, Michael Costa, adds unique attributes to this closed property transaction.
Players
New Bedford 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93