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5 Washington Place

Fernando M Cayo Secures $1.46M Condo Sale In Cliffside Park
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

Fernando M. Cayo

Broker

$3.1M

vol

2 deals

Broker

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