Updated Oct 29, 2024
Volnay Capital Acquires Multifamily Property In Dorchester, MA For $2M
425 Quincy St, Dorchester, MA 02125, USA
$2,000,000
$495/SF
Building Size
4,036 SF
Asset Type
MultiFamily
Closing
Sep 23, 2020
About this deal
AI
The multifamily property located at 425 Quincy Street in Dorchester, MA has been sold for a price of $2,000,000. The property features and is situated in the area. This sale transaction was completed on 09/24/2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 425 Quincy Street, Dorchester, MA
- Market: Dorchester, MA
The buyer of this property is Volnay Capital, represented by Ricky Beliveau. The transaction was facilitated by Mike Restivo, Kellie Coveney, and Lenny Pierce from JLL.
On the Map
$2,000,000
$495/SF
MultiFamily
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Players
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93