Antonio Visaggio Of Coldwell Banker Realty Sells Multifamily Property In Jersey City For $1.05M
SOLD
$1,050,000
New Jersey
See Similar DealsMultiFamily1,667 SF
Sold 02/04/2021
SOLD
Antonio Visaggio Of Coldwell Banker Realty Sells Multifamily Property In Jersey City For $1.05M
314 Pavonia Avenue, Jersey City, NJ, USA
See Similar DealsMultiFamily1,667 SF
Sold 02/04/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$629
Total Square Footage:1,667 SF
Transaction Type:Sale
A multifamily property located at 314 Pavonia Ave in Jersey City has been sold. The transaction took place on 02/04/2021, with a sale price of $1,050,000. The property was listed by Antonio Visaggio from Coldwell Banker Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
Antonio Visaggio from Coldwell Banker Realty represented the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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