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
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