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2 East Washington Avenue, W...

Updated Dec 21, 2023

Jeffery Fiedler Of Fiedler Real Estate Sells Washington Boro Multifamily For $1.2M
SOLDMultiFamily

Jeffery Fiedler Of Fiedler Real Estate Sells Washington Boro Multifamily For $1.2M

2 East Washington Avenue, Washington, New Jersey 07882, United States

$1,200,000

Building Size

Asset Type

MultiFamily

Closing

Jan 27, 2022

About this deal

AI

The multifamily property located at 2 E Washington Ave Unit 1-15 in Washington Boro, NJ was recently sold in a closed transaction. The sale was facilitated by broker Jeffery Fiedler of Fiedler Real Estate.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Date: 01/28/2022
  • Market: Washington Boro, NJ
  • Asset Type: Multifamily

In this transaction, the multifamily property at 2 E Washington Ave Unit 1-15 in Washington Boro, NJ changed ownership for a sale price of $1,200,000. The deal was overseen by broker Jeffery Fiedler of Fiedler Real Estate.

Players

Jefferey Fiedler

Broker

$3.8M

vol

3 deals

Broker

Washington 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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