Updated Dec 18, 2023
LAER Realty Partners Sells Multifamily Property In Haverhill, MA For $1.3M With Buyer's Rep Coldwell Banker Realty - Marblehead
99-103 Cedar St, Haverhill, Massachusetts, USA
$1,300,000
$200/SF
Building Size
6,500 SF
Asset Type
MultiFamily
Closing
Jul 2, 2020
About this deal
AI
Located at 99-103 Cedar St in Haverhill, MA, this multifamily property was recently sold on 07/02/2021. The property spans a total of 6,500 square feet with a sale price of $1,300,000, resulting in a price per square foot of $200.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 99-103 Cedar St, Haverhill, MA
- Square Footage: 6,500
The seller was represented by Jessica Donahue from LAER Realty Partners, while the buyer was represented by Nick Cowden from Coldwell Banker Realty - Marblehead.
With this sale, Jessica Donahue and Nick Cowden facilitated the successful transaction of this multifamily property in Haverhill, MA.
Players
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93