SOLDMultiFamily
11-15 Wendell Pl Multifamily In Fairview Sold For $2.32M With Buyer's Rep Alicia Escano & Seller's Rep Jung Hwa Jung - Coldwell Banker
11-15 Wendell Pl, Fairview, NJ, USA
$2,320,000
$232/SF
Building Size
10,000 SF
Asset Type
MultiFamily
Closing
Feb 17, 2021
AI
An multifamily property located at 11-15 Wendell Pl in Fairview was recently sold for a price of $2,320,000. The transaction took place on February 18, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,320,000
- Address: 11-15 Wendell Pl, Fairview
- Market: Fairview
Alicia Escano from RE/MAX Select represented the buyer in this transaction, while Jung Hwa Jung from Coldwell Banker represented the seller.
Players
Fairview 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
6.84%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93