Keller Williams Realty Acquires Multifamily Property In Quincy, MA For $1.2M
SOLD
Massachusetts
See Similar DealsMultiFamily2,884 SF
Sold 03/16/2022
SOLD
Keller Williams Realty Acquires Multifamily Property In Quincy, MA For $1.2M
142 Glendale Road, Quincy, Massachusetts 02169, United States
See Similar DealsMultiFamily2,884 SF
Sold 03/16/2022
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$416
Total Square Footage:2,884 SF
Transaction Type:Sale
The multifamily property located at 142 Glendale Rd in Quincy, MA has been sold for $1,200,000. The property spans across 2,884 square feet and was sold at a price per square foot of $416.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Square Footage: 2,884
- Price per Square Foot: $416
- Address: 142 Glendale Rd, Quincy, MA
- Market: Quincy, MA
The buyer's representative in this transaction was Angela Cui from Keller Williams Realty, while the seller's representative was Ryan Gee from Access.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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