Anthony Packwood & Alex Taylor Secure $1.63M Sale Of Hoboken Condo
SOLD
$1,625,000
New Jersey
See Similar Deals2,068 SF
Sold 07/29/2021
SOLD
Anthony Packwood & Alex Taylor Secure $1.63M Sale Of Hoboken Condo
1026 Clinton Street, Hoboken, NJ, USA
See Similar Deals2,068 SF
Sold 07/29/2021
Summary
NEW JERSEY
Price Per Square Foot:$785
Total Square Footage:2,068 SF
Transaction Type:Sale
Alex Taylor and Anthony Packwood have successfully closed a sale transaction for a condominium located at 1026 Clinton Street, Hoboken, NJ. This condo, with a total area of 2,068 square feet, was sold for the listed price of $1,625,000. The property is a highly sought-after asset in the market.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,625,000
- Address: 1026 Clinton Street, Hoboken, NJ
- Closing Date: 07/29/2021
- Listing Brokers: Anthony Packwood & Alex Taylor
Alex Taylor and Anthony Packwood, representing the buyer and seller respectively, played a pivotal role in finalizing this deal. Their expertise and negotiation skills ensured the successful completion of the transaction. The price per square foot for this condo was calculated to be $786.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,773.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,703.33
Annual Debt Service$92,439.95
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