Compass NJ Sells Condo At 413 Ogden Ave In Jersey City For $970K
SOLD
$970,000
New Jersey
See Similar Deals1,720 SF
Sold 10/15/2021
SOLD
Compass NJ Sells Condo At 413 Ogden Ave In Jersey City For $970K
413 Ogden Avenue
See Similar Deals1,720 SF
Sold 10/15/2021
Summary
NEW JERSEY
Price Per Square Foot:$564
Total Square Footage:1,720 SF
Transaction Type:Sale
A condo located at 413 Ogden Ave in Jersey City, NJ was recently sold in a closed transaction. The condo spans 1,720 square feet and was listed for sale with an asking price of $889,000. The property was ultimately sold for a final sale price of $970,000, resulting in a price per square foot of $564.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $970,000
- Date: 10/15/2021
- Address: 413 Ogden Ave, Jersey City, NJ
Jessica Ryan from KW City Life represented the buyer in the transaction, while Michelle Mumoli from Compass NJ represented the seller. Michelle Mumoli also took the image featured in the Instagram post.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$51,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,446.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,598.29
Annual Debt Service$55,179.54
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