Updated Dec 20, 2023
Justin Nguyen Acquires Multifamily Property In Quincy, MA For $1.225M With Seller's Rep Timothy Ryan
11-13 Quincy St, Quincy, MA, USA
$1,225,000
$286/SF
Building Size
4,281 SF
Asset Type
MultiFamily
Closing
Nov 19, 2021
About this deal
AI
An off-market multifamily property located at 11-13 Quincy St in Quincy, MA has recently been sold for a total price of $1,225,000. The property spans a total of 4,281 square feet, resulting in a price per square foot of $286.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,225,000
- Address: 11-13 Quincy St, Quincy, MA
- Market: Quincy, MA
Justin Nguyen from William Raveis Real Estate - Boston - Back Bay acted as the buyer's representative in this transaction, while Timothy Ryan from Re/max Realty Pros served as the seller's representative.
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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93