J & J Companies, Inc Acquires 6-Unit Multi-Family Property In Quincy, MA For $1.67M
333 Granite Street
$1,670,000
$371/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
Jul 28, 2022
AI
The multi-family property located at 333 Granite St in Quincy, MA has been sold. The property consists of 6 units and spans across 4,500 square feet. The sale price for this transaction was $1,670,000, resulting in a per-unit price of $278,333. The price per square foot is calculated to be $371.
Summary of transaction details
- Property Type: Multi Family
- Sale Price: $1,670,000
- Units: 6
- Price Per Unit: $278,333
- Square Footage: 4,500
- Price Per Square Foot: $371
The buyer in this transaction is J & J Companies, Inc, while the seller is Rene Lumaghini Tr. Facilitating the deal was Heidy Barreiro from J & J Acquisitions, serving as the broker for J & J Companies, Inc.
Players
Braintree 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
9.50%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93