Updated Dec 4, 2024
Jing Zheng & Rachel Foy Facilitate $1.2M Sale Of Quincy Multifamily Property
27 Vassall Street
$1,200,000
$311/SF
Building Size
3,848 SF
Asset Type
MultiFamily
Closing
Jun 10, 2024
About this deal
AI
The property at 27 Vassall St in Quincy, MA sold for $1,200,000, featuring a 4-family unit with 4 beds and 4 baths. All units are rented and tenant-at-will, with two units having more updates than the other two, and the property is being sold with tenants in place.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,200,000
- Units: 4
- Price Per Unit: $300,000
- Square Footage: 3,848
- Price Per Square Foot: $312
- Address: 27 Vassall Street, Quincy, MA
- Market: Quincy, MA
- Buyer's Rep: Jing Zheng - Keller Williams
- Seller's Rep: Rachel Foy - Hillman Homes
The buyer's representative in the deal was Jing Zheng from Keller Williams, while the seller's representative was Rachel Foy from Hillman Homes.
On the Map
$1,200,000
$311/SF
MultiFamily
View full map
Players
Quincy MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jing Zheng to view all their deals.
Browse Quincy multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93