Updated Dec 21, 2023
Faith Chandler Of Optimum Real Estate, Inc. Sells Multifamily Property In Quincy For $1.6M
108 Presidents Ln, Quincy, MA, USA
$1,600,000
$377/SF
Building Size
4,244 SF
Asset Type
MultiFamily
Closing
Aug 17, 2021
About this deal
AI
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.
The multifamily sale at 108 Presidents Ln, Quincy, MA, USA in Quincy, Massachusetts sold for $1.6M in 2021. The building is 4,244 square feet, implying about 377 per square foot on the published price. Named participants on the 108 Presidents Ln, Quincy, MA, USA sale are Faith Chandler. This page is the Quincy, Massachusetts file for the 108 Presidents Ln, Quincy, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Quincy sit in the Market section below. Filter that Quincy multifamily set by closing date to see what else sold near 108 Presidents Ln, Quincy, MA, USA around 2021. Published consideration for 108 Presidents Ln, Quincy, MA, USA is $1.6M, dated 2021. Cite this Faith Chandler Of Optimum Real Estate, Inc. Sells Multifamily Property In Quincy For $1.6M sale when underwriting similar multifamily product around Quincy, Massachusetts.
Players
Quincy 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93