Updated Dec 4, 2024
Multifamily Property In Summit City Sold For $1.1M With Buyer's Rep Helene Harrison & Seller's Rep Michael Martinetti
17 Henry Street
$1,111,295
Building Size
—
Asset Type
MultiFamily
Closing
Sep 18, 2023
About this deal
AI
The property at 17 Henry Street in Summit City has been sold. This property is classified as a multifamily asset. The sale price for this transaction is $1,111,295.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,111,295
- Address: 17 Henry Street
- Market: Summit City
Representing the buyer in this deal is Helene Harrison from Coldwell Banker. On the other hand, the seller is represented by Michael Martinetti from Keller Williams Premier Properties.
The multifamily sale at 17 Henry Street in Summit, New Jersey sold for $1.1M in 2023. 17 Henry Street is classified as Multifamily on Traded. Helene Harrison, Michael Martinetti, Coldwell Banker, Keller Williams Realty appear on the sale alongside Coldwell Banker, Keller Williams Realty. This page is the Summit, New Jersey file for the 17 Henry Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Summit sit in the Market section below. Filter that Summit multifamily set by closing date to see what else sold near 17 Henry Street around 2023. Published consideration for 17 Henry Street is $1.1M, dated 2023. Cite this Multifamily Property In Summit City Sold For $1.1M With Buyer's Rep Helene Harrison & Seller's Rep Michael Martinetti sale when underwriting similar multifamily product around Summit, New Jersey.
Players
Summit 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
14.27%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93