$1.315M Weehawken Multifamily Sale With Buyer's Rep Laura Ludovico & Jason Pierce
SOLD
$1,315,000
New Jersey
See Similar DealsMultiFamily
Sold 03/04/2022
SOLD
$1.315M Weehawken Multifamily Sale With Buyer's Rep Laura Ludovico & Jason Pierce
40 Eldorado Place, Weehawken, New Jersey 07086, United States
See Similar DealsMultiFamily
Sold 03/04/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 40 Eldorado Pl in Weehawken has been sold in a recent transaction. The property was sold for a sale price of $1,315,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,315,000
- Address: 40 Eldorado Pl
- Market: Weehawken
The buyer's representative for this transaction was Laura Ludovico and Jason Pierce from Prominent Properties Sotheby's International Realty. Grazia Mancini from Smart Realty, Inc. represented the seller in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,671.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,233.77
Annual Debt Service$74,805.25
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