Updated Dec 4, 2024
Weichert Realtors Sells Multifamily Property In Weehawken For $1.05M
130 Highpoint Avenue
$1,049,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 31, 2023
About this deal
AI
The property located at 130 Highpoint Avenue in Weehawken has been sold. This multifamily asset was successfully sold for a sale price of $1,049,000. The transaction was facilitated by Maria Waller, a broker representing Weichert Realtors.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,049,000
- Date: 08/31/2023
- Market: Weehawken
- Broker: Maria Waller - Weichert Realtors
Maria Waller, an experienced real estate professional affiliated with Weichert Realtors, played a pivotal role in the successful sale of the property at 130 Highpoint Avenue. With expertise in the Weehawken market, Maria was able to ensure a smooth transaction process and secure a favorable sale price for the multifamily asset.
Players
Weehawken 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
15.12%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93