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Devin Wong's Kava Realty Group Facilitates $1M Multifamily Sale In Quincy, MA

Property Image
SOLD
$1,000,000

Massachusetts

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MultiFamily4,838 SF
Sold 12/28/2021
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Property Image
SOLD

Devin Wong's Kava Realty Group Facilitates $1M Multifamily Sale In Quincy, MA

144 West Street, Quincy, Massachusetts 02169, United States

See Similar Deals
MultiFamily4,838 SF
Sold 12/28/2021
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$206
Total Square Footage:4,838 SF
Transaction Type:Sale

A multifamily property located at 144 West St in Quincy, MA has been sold for a total price of $1,000,000. The property spans 4,838 square feet, resulting in a price per square foot of $207.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,000,000
  • Address: 144 West St, Quincy, MA
  • Market: Quincy, MA

The sale was facilitated by Devin Wong from Kava Realty Group, Inc.

Players

Devin Wong
5 deals$6M volume
BROKER

Details

SOLD
IMAGE: Devin Wong DATE: 12/28/2021 ADDRESS: 144 West St MARKET: Quincy, MA ASSET TYPE: Multifamily BROKER: Devin Wong - Kava Realty Group, Inc. SALE PRICE: $1,000,000 SF: 4,838 ~ PPSF: $207

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12