Updated Sep 5, 2024
William Raveis R.E. & Home Services Represents Seller In $1.13M Multifamily Sale On Bromfield St Quincy
150 Bromfield Street, Quincy, MA 02170
$1,130,000
$312/SF
Building Size
3,612 SF
Asset Type
MultiFamily
Closing
May 16, 2021
About this deal
AI
A multifamily property located at 150 Bromfield St in Quincy, MA has been sold. The property comprises 3,612 square feet and was purchased for a total price of $1,130,000, resulting in a price per square foot of $313. The sale took place on May 17, 2021. The property features multiple residential units, making it suitable for investment or rental purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,130,000
- Square Footage: 3,612
- Address: 150 Bromfield St, Quincy, MA
- Market: Quincy, MA
The seller's representative for this transaction was Austin Partain from William Raveis R.E. & Home Services, while the buyer was represented by Jing Zheng from Success! Real Estate. Both parties played crucial roles in facilitating the successful sale of the property.
On the Map
$1,130,000
$312/SF
MultiFamily
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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
14.04%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93