206 8th St In Hoboken Sold For $1.6M With Buyer's Rep Yesenia Gonzalez And Seller's Rep Mark Singleton
SOLD
$1,600,000
New Jersey
See Similar DealsMultiFamily1,238 SF
Sold 12/28/2021
SOLD
206 8th St In Hoboken Sold For $1.6M With Buyer's Rep Yesenia Gonzalez And Seller's Rep Mark Singleton
206 8th Street, Hoboken, New Jersey 07030, United States
See Similar DealsMultiFamily1,238 SF
Sold 12/28/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$1,292
Total Square Footage:1,238 SF
Transaction Type:Sale
Located at 206 8th St in Hoboken, this multifamily property was recently sold for a price of $1,600,000. The transaction took place on December 28, 2021, as confirmed by the Instagram post shared by Mark Singleton. The property, photographed by Mark Singleton, is situated in the vibrant market of Hoboken.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Market: Hoboken
- Address: 206 8th St
In this transaction, Yesenia Gonzalez from Liberty Realty represented the buyer, while Mark Singleton from Singleton Galmann Realty acted as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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