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27 Vassall Street

Jing Zheng & Rachel Foy Facilitate $1.2M Sale Of Quincy Multifamily Property
SOLDMultiFamily

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

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.

Players

Jing Zheng

Keller Williams Realty

Broker

$15.8M

vol

10 deals

Broker

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93