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John Haydu Of Keller Williams Sells Multifamily Property In Essex Fells For $1.2M
SOLD
$1,200,000
New Jersey
See Similar DealsMultiFamily
Sold 07/15/2024
SOLD
John Haydu Of Keller Williams Sells Multifamily Property In Essex Fells For $1.2M
36 Buttonwood Road
See Similar DealsMultiFamily
Sold 07/15/2024
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
In Essex Fells, 36 Buttonwood Road, a multifamily property spanning 0.27 acres, was sold for $1,200,000. The transaction was handled by John Haydu of Keller Williams, marking a significant deal in the local real estate market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Asset Size: 0.27 acres
- Address: 36 Buttonwood Road
- Market: Essex Fells
- Broker: John Haydu - Keller Williams
The sale of the multifamily property at 36 Buttonwood Road was facilitated by John Haydu of Keller Williams, showcasing his expertise in handling real estate transactions within Essex Fells.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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