facebook
Traded Co logo
Submit
Daily limit: 0/10

Joel Valverde & Rebecca LaPira Of Re/Max Signature Homes Broker Multifamily Sale In Hasbrouck Heights

Property Image
SOLD
$1,100,000

New Jersey

See Similar Deals
MultiFamily
Sold 07/12/2024
the dealplayerscompscontact
Property Image
SOLD

Joel Valverde & Rebecca LaPira Of Re/Max Signature Homes Broker Multifamily Sale In Hasbrouck Heights

407 Terrace Avenue

See Similar Deals
MultiFamily
Sold 07/12/2024
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

The multi-family property at 407 Terrace Avenue in Hasbrouck Heights was sold for $1,100,000. It features 3 bedrooms and 2 bathrooms on each floor, a detached 2-car garage, and a large basement with laundry facilities. The property is conveniently located close to amenities and public transportation.

Summary of transaction details:

Joel Valverde and Rebecca LaPira from Re/Max Signature Homes represented the parties involved in the transaction, facilitating the smooth sale of the multi-family property. Their expertise and professionalism contributed to the successful completion of the deal.

Players

Rebecca LaPira
1 deal$1.1M volume(201) 779-1630
BROKER

Joel Valverde
Re/Max
1 deal$1.1M volume(201) 787-9693
BROKER

Details

SOLD
IMAGE: Joel Valverde & Rebecca LaPira DATE: 07/12/2024 ADDRESS: 407 Terrace Avenue MARKET: Hasbrouck Heights ASSET TYPE: Multifamily BROKERS: Joel Valverde (@Joelito.628) & Rebecca LaPira (@RebeccaLaPira) - Re/Max Signature Homes (@Remaxcloster) SALE PRICE: $1,100,000 NOTE: 407 Terrace Avenue in Hasbrouck Heights sold for $1,100,000. This multi-family property features 3 bedrooms and 2 bathrooms on each floor, a detached 2-car garage, a large basement with laundry facilities, and is located close to amenities and public transportation.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$58,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73