Updated Dec 19, 2023
Boston City Group Acquires Multifamily Property In Rowley, MA For $13.8M
803 Haverhill Street, Rowley, Massachusetts 01969, United States
$13,775,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 4, 2022
About this deal
AI
803-805 Haverhill St & 4 Dodge Rd, located in Rowley, MA, has been sold in a recent transaction. The property is a multifamily asset, offering a lucrative investment opportunity in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,775,000
- Date: 01/04/2022
- Brokers: Caroline Ligotti, Linda Redeker & Emily McGranaghan - Boston City Group, Inc.
Caroline Ligotti, Linda Redeker, and Emily McGranaghan from Boston City Group, Inc. facilitated the deal as the brokers representing the involved parties. Their expertise and guidance played a crucial role in ensuring a successful transaction.
Players
Rowley 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
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93