Faith Chandler Of Optimum Real Estate, Inc. Sells Multifamily Property In Quincy For $1.6M
SOLD
$1,600,000
Massachusetts
See Similar DealsMultiFamily4,244 SF
Sold 08/18/2021
SOLD
Faith Chandler Of Optimum Real Estate, Inc. Sells Multifamily Property In Quincy For $1.6M
108 Presidents Ln, Quincy, MA, USA
See Similar DealsMultiFamily4,244 SF
Sold 08/18/2021
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$377
Total Square Footage:4,244 SF
Transaction Type:Sale
The multifamily property located at 108 Presidents Ln in Quincy, MA has been sold for $1,600,000 on 08/18/21. The property spans 4,240 square feet, resulting in a price per square foot of $377.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 108 Presidents Ln, Quincy, MA
- Market: Quincy, MA
The sale was facilitated by Faith Chandler from Optimum Real Estate, Inc. serving as the broker for this transaction.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
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