SOLDCondo
Fernando M Cayo Secures $1.46M Condo Sale In Cliffside Park
5 Washington Place
$1,465,000
$598/SF
Building Size
2,448 SF
Asset Type
Condo
Closing
Aug 16, 2022
AI
A condo located at 5 Washington Pl in Cliffside Park has been sold for $1,465,000. The property spans 2,448 square feet, resulting in a price per square foot of $598.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,465,000
- Address: 5 Washington Pl, Cliffside Park
- Square Footage: 2,448
- Price per Square Foot: $598
Fernando M Cayo represented the buyer in this transaction. Evelyn Rafter, from Evelyn G. Rafter & Associates, served as the seller's representative.
Players
Cliffside Park Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.83%
Cash-on-Cash
-3.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93