Updated Dec 4, 2024
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
About this deal
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.
The multifamily sale at 41 Brooks Avenue in Quincy, Massachusetts sold for $1.1M in 2024. The building is 2,812 square feet, implying about 377 per square foot on the published price. Rachel Foy, John Heffernan, Compass, Hillman Homes appear on the sale alongside Compass, Hillman Homes. This page is the Quincy, Massachusetts file for the 41 Brooks Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Quincy sit in the Market section below. Filter that Quincy multifamily set by closing date to see what else sold near 41 Brooks Avenue around 2024. Published consideration for 41 Brooks Avenue is $1.1M, dated 2024. Cite this John Heffernan & Rachel Foy Facilitate $1.06M Multifamily Sale In Quincy, MA sale when underwriting similar multifamily product around Quincy, Massachusetts.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93