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
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.
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