Keller Williams Park Views Acquires Multifamily Property In Hoboken, NJ For $1.8M
SOLD
$1,800,000
New Jersey
See Similar DealsMultiFamily2,073 SF
Sold 09/17/2021
SOLD
Keller Williams Park Views Acquires Multifamily Property In Hoboken, NJ For $1.8M
1128 Willow Avenue, Hoboken, NJ 07030, USA
See Similar DealsMultiFamily2,073 SF
Sold 09/17/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$868
Total Square Footage:2,073 SF
Transaction Type:Sale
A multifamily property located at 1128 Willow Ave in Hoboken, NJ has been sold for a total price of $1,800,000. The property consists of 5 units, resulting in a price per unit of $360,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 1128 Willow Ave
- Market: Hoboken, NJ
The buyer's representative in this transaction was Jason Trembicki from Keller Williams Park Views. The seller's representatives were Mary Knapp and Michael Cricco from Howard Hanna Rand Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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