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126 Main St,reet

Updated Dec 20, 2023

Danny Zheng Of Keller Williams Realty Acquires Multifamily Property On 126 Main Street In Quincy, MA For $1.61M
SOLDMultiFamily

Danny Zheng Of Keller Williams Realty Acquires Multifamily Property On 126 Main Street In Quincy, MA For $1.61M

126 Main St,reet

$1,610,000

$32/SF

Building Size

49,800 SF

Asset Type

MultiFamily

Closing

Sep 21, 2020

About this deal

AI

The multifamily property located at 126 Main Street in Quincy, MA has been sold for a total price of $1,610,000. The property spans across 4,980 square feet, resulting in a price per square foot of $323.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,610,000
  • Address: 126 Main Street
  • Market: Quincy, MA
  • Square Footage: 4,980
  • Price per Square Foot: $323

The seller's representative for this deal was Jason Kulik, from Horvath & Tremblay. On the other hand, the buyer's representative was Danny Zheng from Keller Williams Realty.

Players

Hingham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $32 per square foot on a published $1.6M for 49,800 square feet (2020).

Browse Hingham multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.85%

Cash-on-Cash

-2.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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