Mahmoud El Hashash Acquires Multifamily Property In Quincy, MA For $1.04M
41 Miller Stile Rd Quincy, MA 02169, USA
$1,040,000
$304/SF
Building Size
3,412 SF
Asset Type
MultiFamily
Closing
Jun 16, 2023
AI
Located at 41-43 Miller Stile Road in Quincy, MA, this multifamily property has recently been sold in a closed transaction. The property consists of 2 units, with a total of 3,412 square feet of space. The sale price for this property was $1,040,000, resulting in a per unit price of $520,000. The price per square foot is calculated to be $305.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Units: 2
- Price Per Unit: $520,000
- Square Footage: 3,412
- Price Per Square Foot: $305
The buyer of this property is Mahmoud El Hashash, while the seller is Trustee Of The Brookside Manor II Realty Trust represented by Michelle Ring. Kirsten McEleney from K&M Real Estate Group acted as the broker in this transaction.
Boston 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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93