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Keller Williams Brokers Sell Multifamily Property At 77-79 Rawson Road In Quincy, MA For $1.06M
SOLD
Massachusetts
See Similar DealsMultiFamily5,796 SF
Sold 11/06/2023
SOLD
Keller Williams Brokers Sell Multifamily Property At 77-79 Rawson Road In Quincy, MA For $1.06M
77 Rawson Road & 79 Rawson Road
See Similar DealsMultiFamily5,796 SF
Sold 11/06/2023
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$182
Total Square Footage:5,796 SF
Transaction Type:Sale
In Quincy, MA, a multifamily property located at 77-79 Rawson Road has been sold. The transaction was facilitated by Angela Cui and Danny Zheng of Keller Williams. The property spans 2,898 square feet and sold for a price of $1,060,000, resulting in a price per square foot of $366.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Address: 77-79 Rawson Road
- Market: Quincy, MA
- Brokers: Angela Cui & Danny Zheng - Keller Williams
- Square Footage: 2,898
- Price per Square Foot: $366
Angela Cui and Danny Zheng of Keller Williams played key roles as brokers in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$56,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,765.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,024.94
Annual Debt Service$60,299.29
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