Updated Dec 19, 2023
Joni Sweetwood Acquires Maplewood, NJ Multifamily For $7.6M
479 Valley Street, Maplewood, NJ 07040, USA
$7,600,000
$380/SF
Building Size
20,000 SF
Asset Type
MultiFamily
Closing
Apr 11, 2021
About this deal
AI
A multifamily property located at 479 Valley Street in Maplewood, NJ has been sold for $7,600,000. The property consists of 20 units, with each unit valued at $380,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,600,000
- Address: 479 Valley Street
- Market: Maplewood, NJ
- Units: 20
- Price per Unit: $380,000
The sale was facilitated by broker Joni Sweetwood.
The multifamily sale at 479 Valley Street, Maplewood, NJ 07040, USA in Maplewood, New Jersey sold for $7.6M in 2021. Reported inventory is 20,000 square feet across 20 units, or about 380 per square foot. Joni Sweetwood, Kislak appear on the sale alongside Kislak. This page is the Maplewood, New Jersey file for the 479 Valley Street, Maplewood, NJ 07040, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Maplewood sit in the Market section below. Filter that Maplewood multifamily set by closing date to see what else sold near 479 Valley Street, Maplewood, NJ 07040, USA around 2021. Published consideration for 479 Valley Street, Maplewood, NJ 07040, USA is $7.6M, dated 2021. Cite this Joni Sweetwood Acquires Maplewood, NJ Multifamily For $7.6M sale when underwriting similar multifamily product around Maplewood, New Jersey.
Players
Maplewood 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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93