Century 21 Preferred Acquires Multifamily Property In Rochelle Park For $545K
20 Oak Street, Rochelle Park, New Jersey 07662, United States
$545,000
$99/SF
Building Size
5,500 SF
Asset Type
MultiFamily
Closing
May 31, 2022
AI
Located in Rochelle Park, the multifamily property at 20 Oak St recently changed hands in a closed transaction. The sale was facilitated by Diane Rivera, a top real estate broker from Century 21 Preferred Realty. With 20 years of experience in the industry, Rivera has built a reputation for connecting buyers and sellers in New Jersey.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $545,000
- Square Footage: 5,500
- Price per Square Foot: $99
- Address: 20 Oak St, Rochelle Park
- Market: Rochelle Park
Diane Rivera, representing Century 21 Preferred Realty, successfully completed the sale of the multifamily property. The transaction took place on 06/01/2022 and achieved a sale price of $545,000. With a size of 5,500 square feet, the property was sold at a price of $99 per square foot.
For more information or inquiries, interested parties can contact Diane Rivera at Century 21 Preferred Realty. The agency is located at 1915 Morris Ave, Union NJ 07083. Rivera can be reached at 908-688-3311 (office) or 973-809-7045 (cell). Additional details can also be found on Rivera's website: www.forsalebydianerivera.com.
Players
Rochelle Park 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
29.11%
Cash-on-Cash
-8.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93