Oscar Nunez Represents Package Deal Sale In Bergenfield For $1.28M
SOLD
$1,285,000
New Jersey
See Similar DealsSold 09/08/2022
SOLD
Oscar Nunez Represents Package Deal Sale In Bergenfield For $1.28M
40 Hickory Avenue, Bergenfield, New Jersey 07621, United States
See Similar DealsSold 09/08/2022
Summary
NEW JERSEY
Transaction Type:Sale
The package deal located at 40, 44, 46 & 48 Hickory Avenue in Bergenfield has been sold for a total price of $1,285,000. The transaction took place on 09/08/2022. The asset type involved in this deal is a package deal.
Summary of transation details:
- Property Type: Package Deal
- Transaction Amount: $1,285,000
- Image: Oscar Nunez
- Date: 09/08/2022
- Address: 40, 44, 46 & 48 Hickory Avenue
- Market: Bergenfield
Oscar Nunez from The Nunez Group at Lifestyle International Realty represented the parties involved in this transaction as the broker.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$68,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,565.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,091.56
Annual Debt Service$73,098.67
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