Updated Oct 28, 2024
309 Herbert Realty LLC Acquires Multifamily Property In Perth Amboy For $1.01M
309 Herbert St, Perth Amboy, NJ, USA
$1,013,994
$89/SF
Building Size
11,367 SF
Asset Type
MultiFamily
Closing
Mar 9, 2021
About this deal
AI
A multifamily property located at 309 Herbert St in Perth Amboy has been sold. The property spans a total square footage of 11,367 and was purchased by 309 Herbert Realty LLC for a price of $1,013,994. The price per square foot for this transaction equates to $89.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,013,994
- Address: 309 Herbert St
- Market: Perth Amboy
The buyer of this property is 309 Herbert Realty LLC.
Please note that no additional information regarding this transaction was provided.
Players
Perth Amboy 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
15.64%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93