facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

47-49 Botolph Street

Yanjuan Wang Of New Century Realty Represents Buyer In $1.3M Quincy Multifamily Sale
SOLDMultiFamily

Yanjuan Wang Of New Century Realty Represents Buyer In $1.3M Quincy Multifamily Sale

47-49 Botolph Street

$1,300,000

$467/SF

Building Size

2,784 SF

Asset Type

MultiFamily

Closing

Jul 18, 2024

AI

A newly built colonial two-family home located at 47-49 Botolph Street in Quincy, MA has been sold for $1.3 million. The property consists of five bedrooms and three bathrooms, with a total square footage of 2,784. It also features high-end finishes and a semi-finished basement, providing appealing living space. The price per unit stands at $650,000, while the price per square foot is $467.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,300,000
  • Units: 2
  • Square Footage: 2,784
  • Price Per Unit: $650,000
  • Price Per Square Foot: $467
  • Buyer's Representative: Yanjuan Wang - New Century Realty
  • Seller's Representative: Chris Yang - Keller WilliamsRealty Boston South West

This transaction highlights the roles of Yanjuan Wang of New Century Realty representing the buyer and Chris Yang of Keller Williams Realty Boston South West representing the seller. Their involvement facilitated the smooth progression of this property exchange in a desirable neighborhood with easy access to public transportation and local amenities.

Players

Chris Yang

Keller Williams Realty

Broker

$8.1M

vol

7 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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93