Sherwin Su Acquires SFR In Jersey City From David Fernandez With Broker Allen Walton - Keller Williams For $2.3M
SOLD
$2,300,000
New Jersey
See Similar DealsCo-Op2,028 SF
Sold 12/21/2022
SOLD
Sherwin Su Acquires SFR In Jersey City From David Fernandez With Broker Allen Walton - Keller Williams For $2.3M
19 Erie Street
See Similar DealsCo-Op2,028 SF
Sold 12/21/2022
Summary
NEW JERSEY
Asset Type:Co-Op
Price Per Square Foot:$1,134
Total Square Footage:2,028 SF
Transaction Type:Sale
A single-family home located at 19 Erie Street in Jersey City has been sold for a total price of $2,300,000. The property spans 2,028 square feet and has a price per square foot of $1,134.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,300,000
- Address: 19 Erie Street, Jersey City
- Square Footage: 2,028
- Price per Square Foot: $1,134
The buyer in this transaction is Sherwin Su, while the seller is David Fernandez. Representing the buyer, Allen Walton from Keller Williams facilitated the deal as the broker.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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