Keller Williams Shore Properties Sells Seaside Park Multifamily For $1.2M
10 K Street, Seaside Park, New Jersey 08752, United States
$1,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 13, 2022
AI
A multifamily property located at 10 K St in Seaside Park, NJ has recently been sold for a total price of $1,200,000. The transaction took place on January 13, 2022, and the property consists of 3 units, with a price per unit (PPU) of $400,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 3
- Price Per Unit: $400,000
The sale was facilitated by Lisa Temple from Keller Williams Shore Properties. She represented the involved parties and played a key role in the successful completion of the deal.
Seaside Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93