SOLDMultiFamily
Jennifer Noh & Anne Lee Facilitate $1.4M Ridgefield Multifamily Sale
474 Walnut Street
$1,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 19, 2024
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.
Players
Ridgefield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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