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325 Doyle Street

Updated Dec 4, 2024

Grisela Flores Brokers $1.045M MultiFamily Sale In Elizabethport With 10-Year Warranty
SOLDMultiFamily

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

Grisela Flores

FloroStone Realty

Broker

$1M

vol

1 deal

Broker

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

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