facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

127 Chelsea Avenue

Updated Dec 4, 2024

Andrea DiPilato & Judith Collan Facilitate $2M Sale Of Long Branch Multifamily
SOLDMultiFamily

Andrea DiPilato & Judith Collan Facilitate $2M Sale Of Long Branch Multifamily

127 Chelsea Avenue

$2,000,000

Building Size

Asset Type

MultiFamily

Closing

May 1, 2024

About this deal

AI

A multifamily property located at 127 Chelsea Avenue in Long Branch was recently sold for $2,000,000. The property features a 5-bedroom Victorian home and a spacious duplex at the rear. Situated on 0.53 acres, this property presents various opportunities for personal use, rental income, family compound, or potential investments.

Summary of transaction details:

The transaction was facilitated by Andrea DiPilato of Preferred Properties Real Estate as the buyer's representative and Judith Collan of Keller Williams Realty served as the seller's representative, ensuring a successful sale of this versatile property.

Players

Judith Collan

Keller Williams Realty

Broker

$2M

vol

1 deal

Broker

Long Branch MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

Visit Preferred Properties Real Estate to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets