Daily limit: 0/10
Meilyn Torres Of EXP Realty Represents Buyer In $1.19M Lodi Multifamily Sale
SOLD
New Jersey
See Similar DealsMultiFamily
Sold 10/11/2024
SOLD
Meilyn Torres Of EXP Realty Represents Buyer In $1.19M Lodi Multifamily Sale
188 Ragonese Street
See Similar DealsMultiFamily
Sold 10/11/2024
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
A 2-family home located at 188 Ragonese Street in Lodi, NJ has been sold for $1.19 million, with each unit priced at $595,000. The property includes two units, each featuring three bedrooms and two bathrooms. Additionally, it boasts a large backyard and ample parking facilities.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Units: 2
- Price Per Unit: $595,000
- Buyer’s Representative: Meilyn Torres - EXP Realty
- Seller’s Representative: Taylor Lucyk - Christie's International Real Estate
The transaction involved Meilyn Torres representing the buyer and Taylor Lucyk representing the seller, reflecting a collaborative effort between the parties involved in this real estate transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,227.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,641.21
Annual Debt Service$67,694.49
Is there something missing? Send suggestions