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
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