Angelo Del Monaco & Nicole Cano Represent Sale Of Condo In North Bergen For $1.78M
SOLD
$1,780,000
New Jersey
See Similar DealsCondo1,903 SF
Sold 10/22/2024
SOLD
Angelo Del Monaco & Nicole Cano Represent Sale Of Condo In North Bergen For $1.78M
8701 Churchill Road
See Similar DealsCondo1,903 SF
Sold 10/22/2024
Summary
NEW JERSEY
Asset Type:Condo
Price Per Square Foot:$935
Total Square Footage:1,903 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 8701 Churchill Road Unit 901 in the North Bergen market. The sale price for the condo was $1,780,000, with a total square footage of 1,903 and a price per square foot of $935.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,780,000
- Address: 8701 Churchill Road Unit 901
- Market: North Bergen
- Square Footage: 1,903
- Price per Square Foot: $935
The deal was represented by brokers Angelo Del Monaco and Nicole Cano from West Hoboken Residential, who facilitated the transaction process for the parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$94,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,323.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,438.11
Annual Debt Service$101,257.30
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