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150 Bromfield Street, Quinc...

William Raveis R.E. & Home Services Represents Seller In $1.13M Multifamily Sale On Bromfield St Quincy
SOLDMultiFamily

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

Jing Zheng

Keller Williams Realty

Broker

$15.8M

vol

10 deals

Broker

Quincy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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