Updated Dec 21, 2023
Matthew Mitrow & Rae Marie Mitrow Acquire Other Residential Property In Westfield, NJ For $1.57M
920 Highland Avenue, Westfield, New Jersey 07090, United States
$1,570,000
$124/SF
Building Size
12,632 SF
Asset Type
Co-Op
Closing
Mar 10, 2022
About this deal
AI
A residential property located at 920 Highland Ave in Westfield, NJ has been sold for $1,570,000. The transaction took place on 03/11/2022. The property falls under the category of Other Residential.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,570,000
- Address: 920 Highland Ave
- Market: Westfield, NJ
Matthew Mitrow and Rae Marie Mitrow purchased the property from Anthony Michael Pagano and Johanna A Cardenas Robayo.
The co op sale at 920 Highland Avenue, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.6M in 2022. The building is 12,632 square feet, implying about 124 per square foot on the published price. This page is the Westfield, New Jersey file for the 920 Highland Avenue, Westfield, New Jersey 07090, United States co op sold: pricing, party profiles, and other closed co op comps from the same Westfield sit in the Market section below. Filter that Westfield co op set by closing date to see what else sold near 920 Highland Avenue, Westfield, New Jersey 07090, United States around 2022. Published consideration for 920 Highland Avenue, Westfield, New Jersey 07090, United States is $1.6M, dated 2022. Cite this Matthew Mitrow & Rae Marie Mitrow Acquire Other Residential Property In Westfield, NJ For $1.57M sale when underwriting similar co op product around Westfield, New Jersey.
Players
Westfield Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.10%
Cash-on-Cash
-2.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93