Prestige Property Group Acquires Condo On Maxwell Lane In Hoboken For $1,025,000
SOLD
$1,025,000
New Jersey
See Similar Deals970 SF
Sold 09/09/2021
SOLD
Prestige Property Group Acquires Condo On Maxwell Lane In Hoboken For $1,025,000
1025 Maxwell Lane, Hoboken, NJ 07030, USA
See Similar Deals970 SF
Sold 09/09/2021
Summary
NEW JERSEY
Price Per Square Foot:$1,056
Total Square Footage:970 SF
Transaction Type:Sale
A condo located at 1025 Maxwell Lane in Hoboken was recently sold for $1,025,000. The transaction took place on September 9, 2021. The condo spans across 970 square feet, resulting in a price per square foot of $1,057.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,025,000
- Address: 1025 Maxwell Lane, Hoboken
- Square Footage: 970
The sale was facilitated by Prestige Property Group, with Nicole Velasquez and Justin Trattou acting as the brokerage representatives. Nicole Velasquez, a licensed NJ Realtor and NJ Notary, can be contacted at [email protected]. Justin Trattou is a licensed NJ Realtor and can be reached at [email protected].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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