Updated Sep 9, 2024
Tom Misuraca & James Conticello Acquire Mixed-Use Property In Nutley For $1.375M
250 High Street, Nutley, New Jersey 07110, United States
$1,375,000
Units
5
Asset Type
Mixed-use
Closing
Jun 16, 2022
About this deal
AI
The mixed-use property located at 250 High St in Nutley has been sold for a price of $1,375,000. This transaction took place on 06/17/2022. The property consists of 5 units, with each unit valued at approximately $275,000.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,375,000
- Units: 5
- Price Per Unit: $275,000
- Date: 06/17/2022
- Address: 250 High St, Nutley
The transaction was facilitated by Tom Misuraca and James Conticello of Keller Williams City Life Realty. They represented the parties involved in the deal. Tom Misuraca and James Conticello acted as the brokers for this sale.
On the Map
$1,375,000
Mixed-use
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Players
Nutley Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93