Updated Dec 4, 2024
Grisela Flores Brokers $1.045M MultiFamily Sale In Elizabethport With 10-Year Warranty
325 Doyle Street
$1,045,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 12, 2024
About this deal
AI
The property at 325 Doyle Street in Elizabethport is a brand-new two-family home that was recently sold for $1,045,000. This stunning property offers worry-free living with a 10-Year Home Warranty and 5-year tax abatement. It features modern amenities, spacious layouts, and convenient access to transportation, being just a 34-minute train ride to NY Penn Station.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,045,000
- Address: 325 Doyle Street
- Market: Elizabethport
Grisela Flores of FloroStone Realty facilitated the sale of this property. She was the broker responsible for this transaction, ensuring a smooth deal for both parties involved.
Players
Elizabethport 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
15.18%
Cash-on-Cash
-4.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93