Updated Dec 4, 2024
Jennifer Noh & Anne Lee Facilitate $1.4M Ridgefield Multifamily Sale
474 Walnut Street
$1,400,000
Units
2
Asset Type
MultiFamily
Closing
Apr 19, 2024
About this deal
AI
474 Walnut Street, a multifamily property located in Ridgefield, was sold for $1,400,000. This 2-unit property achieved a price per unit of $700,000 in the transaction.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 474 Walnut Street
- Market: Ridgefield
- Units: 2
- Price Per Unit: $700,000
The deal involved Jennifer Noh from Realty 7 representing the buyer, and Anne Lee from Prominent Properties Sotheby's International Realty representing the seller.
The multifamily sale at 474 Walnut Street in Ridgefield, New Jersey sold for $1.4M in 2024. Reported inventory is 2 units across 2 units. Anne Lee, Jennifer Noh, Sotheby's International Realty, Realty 7 appear on the sale alongside Sotheby's International Realty, Realty 7. This page is the Ridgefield, New Jersey file for the 474 Walnut Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Ridgefield sit in the Market section below. Filter that Ridgefield multifamily set by closing date to see what else sold near 474 Walnut Street around 2024. Published consideration for 474 Walnut Street is $1.4M, dated 2024. Cite this Jennifer Noh & Anne Lee Facilitate $1.4M Ridgefield Multifamily Sale sale when underwriting similar multifamily product around Ridgefield, New Jersey.
On the Map
$1,400,000
MultiFamily
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Players
Ridgefield 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93