Updated Dec 19, 2023
Justein J. Yim Of Elite Realtors Sells Multifamily Property In Ridgefield, NJ For $1.055M
1010 Elm Avenue, Ridgefield, NJ, USA
$1,055,000
$403/SF
Building Size
2,612 SF
Asset Type
MultiFamily
Closing
Jul 20, 2021
About this deal
AI
A multifamily property located at 1010 Elm Ave in Ridgefield, NJ has been sold for a price of $1,055,000. The sale took place on 07/21/2021, as depicted in an image posted by Justein J. Yim on Instagram.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,055,000
- Date: 07/21/2021
- Address: 1010 Elm Ave
- Market: Ridgefield, NJ
- Broker: Justein J. Yim - Elite Realtors of New Jersey
The deal was facilitated by Justein J. Yim, a representative of Elite Realtors of New Jersey. The transaction reflects a successful sale of the multifamily property, adding a noteworthy accomplishment to the real estate portfolio of all parties involved.
Players
Ridgefield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.04%
Cash-on-Cash
-4.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93