Eastern Realty, Inc. Facilitates $1.09M Multifamily Sale In Edgewater
382 Undercliff Avenue, Edgewater, New Jersey 07020, United States
$1,090,000
$452/SF
Building Size
2,409 SF
Asset Type
MultiFamily
Closing
May 8, 2022
AI
The multifamily property located at 382 Undercliff Ave in Edgewater has been sold for a price of $1,090,000. The transaction took place on 05/09/2022. The property is represented by broker Sara Shin from Eastern Realty, Inc.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,090,000
- Address: 382 Undercliff Ave
- Market: Edgewater
Sara Shin from Eastern Realty, Inc. played a key role in representing the parties involved in the sale of this property.
Players
Edgewater 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
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93