Jing Zheng Of Success! Real Estate Acquires Multifamily Property In Quincy, MA For $1.055M
80 Grandview Avenue, Quincy, Massachusetts 02170, United States
$1,055,000
$309/SF
Building Size
3,411 SF
Asset Type
MultiFamily
Closing
Dec 8, 2021
AI
The multifamily property located at 80 Grand View Ave in Quincy, MA has been sold for a total price of $1,055,000. The property spans a total area of 3,411 square feet, resulting in a price per square foot of $309.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,055,000
- Address: 80 Grand View Ave, Quincy, MA
- Market: Quincy, MA
Jing Zheng from Success! Real Estate represented the buyer in this transaction, while Christopher Orlando from Superior Real Estate Group, Inc. represented the seller.
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
15.04%
Cash-on-Cash
-4.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93