facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

41 Brooks Avenue

John Heffernan & Rachel Foy Facilitate $1.06M Multifamily Sale In Quincy, MA
SOLDMultiFamily

John Heffernan & Rachel Foy Facilitate $1.06M Multifamily Sale In Quincy, MA

41 Brooks Avenue

$1,060,000

$377/SF

Building Size

2,812 SF

Asset Type

MultiFamily

Closing

May 31, 2024

AI

In Quincy, MA, a multifamily property located at 41 Brooks Avenue was sold for $1.06 million. The property spans 2,812 square feet and was sold for a price per square foot of $377.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,060,000
  • Address: 41 Brooks Avenue
  • Market: Quincy, MA

The deal was facilitated by John Heffernan from Compass representing the buyer and Rachel Foy from Hillman Homes representing the seller.

Players

Rachel Foy

Hillman Homes

Broker

$2.3M

vol

2 deals

Broker

Quincy 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

14.97%

Cash-on-Cash

-4.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93